Chapter 14, Problem 14.6DMP

General accounting question

R-Mart has a beginning receivables balance on February 1 of $1050. Sales for February through May are $625, $698, $975, and $1,990, respectively. The accounts receivable period is 30 days. What is the amount of the April collections? Assume a year has 360 Answer

general accounting question

My problem with correct solution and accounting question

How many units must be sold to break even ?

Calculate the overhead expenses

The actual cost of direct labor per hour is $29.75 and the standard cost of direct labor per hour is $31.20. The direct labor hours allowed per finished unit is 0.85 hours. During the current period, 7,500 units of finished goods were produced using 4,100 direct labor hours. How much is the direct labor rate variance?

No other products were sold during the month

Please provide the accurate answer to this general accounting problem using valid techniques.