The balance of the cash book is an overdraft of $765. The bookkeeper has identified an error whereby a customer receipt of $78 was recorded twice. In addition uncleared lodgements of $347 have been identified. What should be the overdraft on the bank statement? See the ans below but I can’t seem to understand why the bank overdraft is 1190. Please explain in detail. $1,190 – correct ans

Levine inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. direct materials (9 pounds at $1.80 per pound) $16.20 direct labor (6 hours at $14.00 per hour) $84.00 during the month of april, the company manufactures 270 units and incurs the following actual costs. direct materials purchased and used (2,500 pounds) $5,000 direct labor (1,660 hours) $22,908 compute the total, price, and quantity variances for materials and labor.