Exercise 11-34 Sales Variances (Appendix B) (LO 11-9) The following data pertain to Aurora Electronics for the month of February. Static Budget Actual Units sold 11,000 9,000 Sales revenue $ 154,000 $ 108,000 Variable manufacturing cost 7,000 31,000 Fixed manufacturing cost 16,000 16,000 Variable selling and administrative cost 16,000 6,000 Fixed selling and administrative cost 16,000 16,000 Required: Compute the sales-price and sales-volume variances for February. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i. e., zero variance).)

Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.