Chapter 5, Problem 5.2IP

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Cascade Company uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of standard machine hours. During March, the company used a denominator activity of 50,000 machine hours in computing its predetermined overhead rate. However, 65,000 standard machine hours were allowed for the month's actual production. If the fixed manufacturing overhead volume variance for March was $7,500 unfavorable, then the total budgeted fixed manufacturing overhead cost for the month was $_.

Rachel took out a personal loan for $4,500 with a monthly payment of $173.06 for 36 months. Determine the finance charge on Rachel's loan if she takes all 36 months to pay it off.

General accounting

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What is the realized gain or loss on the slae on these financial accounting question?

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General accounting