Christopher has a credit card with an APR of 13. 13%. The card uses the adjusted balance method to calculate finance charges. The following table details Christopher’s transactions with his credit card in the month of December. Date Amount ($) Transaction 12/1 424. 86 Beginning balance 12/3 55. 25 Payment 12/5 78. 10 Purchase 12/14 20. 00 Payment 12/16 27. 97 Purchase 12/22 8. 16 Purchase 12/29 46. 07 Purchase If Christopher is on a 30-day billing cycle, what will his new beginning balance be after December? a. $509. 91 b. $349. 61 c. $353. 44 d. $513. 74 Please select the best answer from the choices provided A B C D.

Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget.the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead.a total of 119,300 units, using 478,000 direct labor hours, were produced during the year.actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.