The following information relating to a company's overhead costs is available. col1 = actual total variable overhead, actual total fixed overhead, budgeted variable overhead rate per machine hour, budgeted total fixed overhead, budgeted machine hours allowed for actual outputcol2 = $ 73,000, $ 17,000, $ 2.50, $ 15,000, 30,000 based on this information, the total variable overhead variance is: a) $2,000 favorable.
b) $6,000 favorable.
c) $2,000 unfavorable.
d) $6,000 unfavorable.
e) $1,000 favorable.

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.

Which best describes what financial planning skills ultimately enable an individual to do? to prepare for the future to determine lifetime income to determine the cost of living to learn from the past