nsf lube is a fast-growing chain of oil-change stores. the following data are available for last year’s services:
nsf lube performed 475,200 oil changes last year. it had budgeted 432,000 oil changes, averaging 10 minutes each.
standard variable labor and support costs per oil change were as follows:
direct oil specialist services: 10 minutes at $24 per hour $ 4
variable support staff and overhead: 7.5 minutes at $16 per hour 2
fixed overhead costs:
annual budget $1,036,000
fixed overhead is applied at the rate of $2.40 per oil change.
actual oil change costs:
direct oil specialist services: 475,200 changes averaging 12 minutes at $26.00 per hour $ 2,471,040
variable support staff and overhead: 0.14 labor-hours at $15.00 per hour × 475,200 changes 997,920
fixed overhead 1,200,000
required:
a. prepare a cost variance analysis for each variable cost for last year. (do not round intermediate calculations. indicate the effect of each variance by selecting "f" for favorable, or "u" for unfavorable. if there is no effect, do not select either option.)
price variance f/u efficiency variance f/u total variance f/u
oil specialist
variable overhead
b. prepare a fixed overhead cost variance analysis. (indicate the effect of each variance by selecting "f" for favorable, or "u" for unfavorable. if there is no effect, do not select either option.)
price variance f/u
production volume variance
fixed overhead cost variance

Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Selected t-account balances for bloomfield company are shown below as of january 31, which reflect its accounting adjustments. the firm uses a calendar-year accounting period, but prepares monthly accounting adjustments. suppliesjan. 31 bal. 1,800 1,800 jan. 31 bal. supplies expensejan. 31 bal. 1,920 1,148 jan. 31 bal. prepaid insurancejan. 31 bal. 1,148 1,148 jan. 31 bal. insurance expensejan. 31 bal. 164 164 jan. 31 bal. wages payablejan. 31 bal. 1,400 1,400 jan. 31 bal. wages expensejan. 31 bal. 6,400 6,400 jan. 31 bal. truckjan. 31 bal. 17,376 17,376 jan. 31 bal. accumulated depreciation -truckjan. 31 bal. 5,068 5,068 jan. 31 bal. a. if the amount in supplies expense represents the january 31 adjustment for the supplies used in january, and $1,240 worth of supplies were purchased during january, what was the january 1 beginning balance of supplies? $answerb. the amount in the insurance expense account represents the adjustment made at january 31 for january insurance expense. if the original insurance premium was for one year, what was the amount of the premium, and on what date did the insurance policy start? amount of the premium $answerthe policy began on answerjune 1july 1august 1september 1october 1november 1 of the previous year. c. if we assume that no beginning balance existed in either in either wage payable or wage expense on january 1, how much cash was paid as wages during january? $answerd. if the truck has a useful life of four years (or 48 months), what is the monthly amount of depreciation expense, and how many months has bloomfield owned the truck? answermonths