Quilcene oysteria farms and sells oysters in the pacific northwest. the company harvested and sold 7,100 pounds of oysters in august. the company’s flexible budget for august appears below: quilcene oysteria flexible budget for the month ended august 31 actual pounds (q) 7,100 revenue ($4.20q) $ 29,820 expenses: packing supplies ($0.30q) 2,130 oyster bed maintenance ($3,100) 3,100 wages and salaries ($2,200 + $0.40q)5,040 shipping ($0.75q) 5,325 utilities ($1,230) 1,230 other ($500 + $0.01q) 571 total expense 17,396 net operating income $12,424 the actual results for august appear below: quilcene oysteriaincome statementfor the month ended august 31 actual pounds 7,100 revenue $26,500 expenses: packing supplies 2,300 oyster bed maintenance 2,960 wages and salaries 5,450 shipping 5,055 utilities 1,040 other 1,191 total expense 17,996 net operating income $ 8,504 required: compute the company’s revenue and spending variances for august.

At april 1, 2019, the food and drug administration is in the process of investigating allegations of false marketing claims by hulkly muscle supplements. the fda has not yet proposed a penalty assessment. hulkly’s fiscal year ends on december 31, 2018. the company’s financial statements are issued in april 2019. required: for each of the following scenarios, determine the appropriate way to report the situation. 1. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 2. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is probable. 3. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 4. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is probable.

In each of the following cases, find the unknown variable. ignore taxes. (do not round intermediate calculations and round your answers to the nearest whole number, e. g., 32.) accounting unit price unit variable cost fixed costs depreciation break-even 20,500 $ 44 $ 24 $ 275,000 $ 133,500 44 4,400,000 940,000 8,000 75 320,000 80,000

On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?