The following data for Romero Products Inc. are available:

For the Year Ended December 31 Actual Planned Difference
Sales $8,360,000 $8,200,000 $160,000
Variable costs:
Variable cost of goods sold $3,496,000 $3,280,000 $216,000
Variable selling and administrative expenses 760,000 902,000 (142,000)
Total variable costs $4,256,000 $4,182,000 $74,000
Contribution margin $4,104,000 $4,018,000 $86,000
Number of units sold 38,000 41,000
Per unit:
Sales price $220 $200
Variable cost of goods sold 92 80
Variable selling and administrative expenses 20 22

Prepare an analysis of the sales quantity and unit price factors.

Kiona co. set up a petty cash fund for payments of small amounts. the following transactions involving the petty cash fund occurred in may (the last month of the company's fiscal year). may 1 prepared a company check for $350 to establish the petty cash fund. 15 prepared a company check to replenish the fund for the following expenditures made since may 1. a. paid $109.20 for janitorial services. b. paid $89.15 for miscellaneous expenses. c. paid postage expenses of $60.90. d. paid $80.01 to the county gazette (the local newspaper) for an advertisement. e. counted $26.84 remaining in the petty cashbox. 16 prepared a company check for $200 to increase the fund to $550. 31 the petty cashier reports that $380.27 cash remains in the fund. a company check is drawn to replenish the fund for the following expenditures made since may 15. f. paid postage expenses of $59.10. g. reimbursed the office manager for business mileage, $47.05. h. paid $48.58 to deliver merchandise to a customer, terms fob destination. 31 the company decides that the may 16 increase in the fund was too large. it reduces the fund by $50, leaving a total of $500.

Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.

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