Answer:
$750 favorable ; $200 unfavorable
Explanation:
The computations are shown below:
For fixed overhead budget variance:
= Budgeted fixed overhead - actual fixed overhead
= $47,420 - $46,670
= $750 favorable
For fixed overhead volume variance:
= Budgeted fixed overhead - standard fixed overhead cost allocated to production
= $47,420 - $47,220
= $200 unfavorable
Hence we consider all the given information
In a market economy, prices are established by C. the interaction of supply and demand.
According to how much people buy a product, and how much of that product there is, prices are going to be established accordingly.
Answer:
Explanation:
Deposit slip: This is used in depositing money into a particular bank account.
Invoices: An invoice shows that a sale has taken place.
Cheque: It is used in ordering the back to pay someone the amount of money that's written on it.
Purchase orders: It is a document that's issued by the buyer and it shows the type of good bought, quantity bought, prices at which they were bought.
Sales receipt,: It shows that a customer has made payment as it is an evidence of payment
The journal entry to replenish the fund on January 31 is $46.
<h3>What is a replenishment?</h3>
In a journal entry, this refers to refilling up a depleted cash box in a petty cash system.
The replenishment = $375- $190 - $95 - $35 - $9
The replenishment = $46
Therefore, the journal entry to replenish the fund on January 31 is $46.
Read more about replenishment
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