Chapter 11, Problem 11.16BE

I am looking for help with this general accounting question using proper accounting standards.

I am looking for the correct answer to this financial accounting question with appropriate explanations.

I want the solution and general accounting

Could you help me solve this financial accounting question using appropriate calculation techniques?

Can you solve this financial accounting problem with appropriate steps and explanations?

As of June 15, 2023, Meridian Supplies has assets of $215,600 and liabilities of $84,300. How much is the owner's equity for Meridian Supplies as of June 15, 2023?

If $7,500 was the beginning inventory, purchases were $16,200, and cost of goods sold were $15,300, how much was the ending inventory last accounting period?

Please explain the correct approach for solving this general accounting question.

The Frontier Manufacturing had 7,840 actual direct labor hours at an actual rate of $15.75 per hour. Original production had been budgeted for 950 units, but only 890 units were actually produced. Labor standards were 9.2 hours per completed unit at a standard rate of $16.50 per hour. Compute the direct labor cost variance.