Problem 23-2a (part level submission)ayala corporation accumulates the following data relative to jobs started and finished during the month of june 2017.costs and production data actual standardraw materials unit cost $2.10 $1.90raw materials units used 11,100 10,700direct labor payroll $163,900 $160,650direct labor hours worked 14,900 15,300manufacturing overhead incurred $208,340 0 manufacturing overhead applied 0 $211,140machine hours expected to be used at normal capacity 41,500budgeted fixed overhead for june 0 $66,400variable overhead rate per machine hour 0 $3.00fixed overhead rate per machine hour 0 $1.60overhead is applied on the basis of standard machine hours. 3.00 hours of machine time are required for each direct labor hour. the jobs were sold for $492,000. selling and administrative expenses were $35,300. assume that the amount of raw materials purchased equaled the amount used.(a)compute all of the variances for (1) direct materials and (2) direct labor. (round answers to 0 decimal places, e. g. 125.) include favorable/ unfavorable/ neither(1) total materials variance $materials price variance $materials quantity variance $(2) total labor variance $labor price variance $labor quantity variance $

The county collector of suncoast county is responsible for collecting all property taxes levied by funds and governments within the boundaries of the county. to reimburse the county for estimated administrative expenses of operating the tax agency fund, the agency fund deducts 1.5 percent from the collections for the town, the school district, and the other towns. the total amount deducted is added to the collections for the county and remitted to the suncoast county general fund.the following events occurred in 2017: 1. current-year tax levies to be collected by the agency were: county general fund $ 10,333,000 town of bayshore general fund 4,840,000 suncoast county consolidated school district 6,550,000 other towns 3,120,000 total $ 24,843,000 2. $13,700,000 of current taxes was collected during the first half of 2017.3. liabilities to all funds and governments as a result of the first half-year collections were recorded. (a schedule of amounts collected for each participant, showing the amount withheld for the county general fund and net amounts due the participants, is recommended for determining amounts to be recorded for this transaction.)4. all cash in the tax agency fund was distributed.requireda. prepare journal entries for each of the foregoing transactions that affected the tax agency fund. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your answers to the nearest whole dollar amount.)1. record the current-year tax levies to be collected by the agency.2.record the current taxes collected during the first half of 2017.3.record the liabilities due to all funds and governments at the end of first half-year.4. record the distribution of all cash in the tax agency fundb. prepare journal entries for each of the foregoing entries that affected the town of bayshore general fund. begin with the tax levy entry, assuming 2 percent of the gross levy will be uncollectible. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your answers to the nearest whole dollar amount.)1.record the revenues receivable and uncollectible.2. record the taxes collected

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Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?