Ambo mineral water has produced 5000 units during September 1999. The standard labor time allowed is 2 hours per unit at $15/hour. During the month 8000 hours have been worked at the total cost of $160,000. Variable
factory overhead is applied to products on the basis of direct labor hours. It was estimated that $50,000
variable factory overhead would be incurred. The actual variable factory overhead turned to be $48,000.
Using the above data answer questions 14 & 15.
14. The budgeted variable overhead rate will be
A. $16 per hour
B. $ 5 per hour
C. $30 per hour
D. $10 per hour
E. None of the above.
15. The variable factory overhead Spending variance is
A. 8,000 U
B. 10,000 F
C. 10,000 U
D. 8,000 F
E. None of the above

Exercise 4-6 the following balances were taken from the books of alonzo corp. on december 31, 2017. interest revenue $86,000 accumulated depreciation—equipment $40,000 cash 51,000 accumulated depreciation—buildings 28,000 sales revenue 1,380,000 notes receivable 155,000 accounts receivable 150,000 selling expenses 194,000 prepaid insurance 20,000 accounts payable 170,000 sales returns and allowances 150,000 bonds payable 100,000 allowance for doubtful accounts 7,000 administrative and general expenses 97,000 sales discounts 45,000 accrued liabilities 32,000 land 100,000 interest expense 60,000 equipment 200,000 notes payable 100,000 buildings 140,000 loss from earthquake damage 150,000 cost of goods sold 621,000 common stock 500,000 retained earnings 21,000 assume the total effective tax rate on all items is 34%. prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (round earnings per share to 2 decimal places, e.g. 1.48.)

Which of the following is not a consideration when determining your asset allocation

1.     regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c   incorrect