Marco nelson opened a frame shop and completed these transactions: marco started the shop by investing $40,700 cash and equipment valued at $18,700 in exchange for common stock. purchased $140 of office supplies on credit. paid $1,900 cash for the receptionist's salary. sold a custom frame service and collected $5,200 cash on the sale. completed framing services and billed the client $270. what was the balance of the cash account after these transactions were posted?

Most angel investors expect a return on investment of question options: 20% to 25% over 5 years. 15% to 20% over 5 years. 75% over 10 years. 100% over 5 years.

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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.