The following information applies to the questions displayed below. Assume you are the president of Nuclear Company. At the end of the first year of operations (December 31), the following financial data for the company are available:
Accounts Payable $ 30,000
Accounts Receivable 59,500
Cash 12,000
Common Stock 62,280
Dividends 200
Equipment 36,000
Notes Payable 1,470
Operating Expenses 57,200
Other Expenses 8,850
Sales Revenue 88,000
Supplies 8,000 CP1-2
a. By how much did cash increase (decrease)?
b. Which financial statement would report the business activities responsible for this change in cash?

Doogan corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 grams $ 7.00 per gram direct labor 1.6 hours $ 12.00 per hour variable overhead 1.6 hours $ 6.00 per hour the company produced 5,000 units in january using 10,340 grams of direct material and 2,320 direct labor-hours. during the month, the company purchased 10,910 grams of the direct material at $7.30 per gram. the actual direct labor rate was $12.85 per hour and the actual variable overhead rate was $5.80 per hour. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for january is: