Use the following data to find the direct labor efficiency variance if the company produced 3,500 units during the period. direct labor standard (4 hrs. @ $7.00/hr.) $ 28.00 per unit actual hours worked 11,850 actual rate per hour $ 7.50

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.