Timberlake company planned for a production and sales volume of 12,000 units. however, the company actually made and sold 13,000 units. per unit standards static budget flexible budget number of units 12,000 13,000 sales revenue $ 65.00 $ 780,000 $ 845,000 variable manufacturing costs: materials $ 11.00 132,000 143,000 labor $ 9.00 108,000 117,000 overhead $ 4.20 50,400 54,600 variable general, selling, and administrative costs $ 11.00 132,000 143,000 contribution margin 357,600 387,400 fixed costs manufacturing overhead 100,800 100,800 general, selling, and administrative costs 45,000 45,000 net income $ 211,800 $ 241,600 what was the sales volume variance?

Match each item to check for while reconciling a bank account with the document to which it relates. (there's not just one answer) 1. balancing account statement 2. balancing check register a. nsf fees b. deposits in transit c. interest earned d. bank errors

Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above

You meet that special person and get married. amazingly your spouse has exactly the same income you do 47,810. if your tax status is now married filing jointly what is your tax liability