The following information relates to Joplin Company for the period just ended: Standard variable overhead rate per hour

$1

Standard fixed overhead rate per hour

$2

Planned monthly activity

40,000 machine hours

Actual production completed

82,000 units

Standard machine processing time

Two units per hour

Actual variable overhead

$37,000

Actual total overhead

$121,000

Actual machine hours worked

40,500

The company uses machine hours to apply variable and fixed overhead

Required:

Calculate the variable overhead variances and the fixed overhead variances.
Record the journal entries when the variances are recognized.
Record the journal entries when the variances are disposed at the end of the period.

The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e.g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $

Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence.

Who owns a renter-occupied apartment? a. the government b. a landlord c. the resident d. a cooperative