Blue company produces trivets. based on its master budget, the company should produce 11,000 trivets each month, working 12,500 direct labor hours. during may, only 10,800 trivets were produced. the company worked 1,400 direct labor hours. the standard hours allowed for may production would be: (round your final answer to the nearest whole number.) 12,273 hours. 12,500 hours. 1,426 hours. 1,400 hours.

Transactions on april 1 of the current year, andrea byrd established a business to manage rental property. she completed the following transactions during april: opened a business bank account with a deposit of $45,000 from personal funds. purchased office supplies on account, $2,000. received cash from fees earned for managing rental property, $8,500. paid rent on office and equipment for the month, $5,000. paid creditors on account, $1,375. billed customers for fees earned for managing rental property, $11,250. paid automobile expenses for month, $840, and miscellaneous expenses, $900. paid office salaries, $3,600. determined that the cost of supplies on hand was $550; therefore, the cost of supplies used was $1,450. withdrew cash for personal use, $2,000. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300)