Use the following information for the Quick Study below. [The following information applies to the questions displayed below.]
Mosaic Company applies overhead using machine hours and reports the following information.
Actual machine hours used (AH) 5,500 hours
Standard machine hours (for actual production) (SH) 6,100 hours
Actual variable overhead rate per hour (AVR) $ 4.55
Standard variable overhead rate per hour (SVR) $ 4.35
Total variable overhead cost variance
Compute the total variable overhead cost variance and classify it as favorable, unfavorable or no variance.

Which result is a positive aspect of globalization?

Which of the following statements is true about financial planning

Data pertaining to the current position of forte company are as follows: cash $437,500 marketable securities 170,000 accounts and notes receivable (net) 320,000 inventories 700,000 prepaid expenses 42,000 accounts payable 240,000 notes payable (short-term) 250,000 accrued expenses 310,000 required: 1. compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. round ratios to one decimal place. 2. compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns of the table provided. consider each transaction separately and assume that only that transaction affects the data given. round to one decimal place. a. sold marketable securities at no gain or loss, 75,000. b. paid accounts payable, 135,000. c. purchased goods on account, 100,000. d. paid notes payable, 105,000. e. declared a cash dividend, 125,000. f. declared a common stock dividend on common stock, 45,000. g. borrowed cash from bank on a long-term note, 205,000. h. received cash on account, 130,000. i. issued additional shares of stock for cash, 635,000. j. paid cash for prepaid expenses, 15,000.