Date Account Title Debit Credit
Aug. 1 Cash 8,100
Common Stock 8,100
10 Cash 1,100
Service Revenue 1,100
12 Equipment 5,750
Cash 1,210
Notes Payable 4,540
25 Accounts Receivable 3,320
Service Revenue 3,320
31 Cash 670
Accounts Receivable 670

Post the transactions to T-accounts.

Sarah salesrep is brand new to her job selling "lifetime" printers that never need replacement ink cartridges. the problem is that these printers cost ten times more than a regular printer, so it is difficult to get prospective buyers to understand the cost savings of buying it. to break through the barrier and begin making sales, sarah should use a analysis that highlights her printer's lower cost.

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.

Under t, the point (0,2) gets mapped to (3,0). t-1 (x,y) →