Assuming the following Adjusted Trial Balance: Adjusted Trial Balance Debit Credit Cash $24,900 Prepaid Insurance 4,000 Fixed Assets 47,000 Notes Payable $40,000 Common Stock 25,000 Retained Earnings 48,350 Dividends 23,000 Sales Revenue 156,000 Automobile Expense 26,500 Insurance Expense 20,000 Salaries Expense 122,500 Supplies Expense 1,450 $269,350 $269,350 Create the Post-Closing Trial Balance that would result, after all closing journal entries were made and posted. If an amount box does not require an entry, leave it blank

Doogan corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 grams $ 7.00 per gram direct labor 1.6 hours $ 12.00 per hour variable overhead 1.6 hours $ 6.00 per hour the company produced 5,000 units in january using 10,340 grams of direct material and 2,320 direct labor-hours. during the month, the company purchased 10,910 grams of the direct material at $7.30 per gram. the actual direct labor rate was $12.85 per hour and the actual variable overhead rate was $5.80 per hour. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for january is: