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Maxima Corp. uses a standard cost system with machine hours as the activity base for both variable and fed manufacturing overhead (VMOH & following information relates to production for last year: Fixed Variable $14,000 Total budgeted overhead (at the denominator level of activity) Total applied overhead Total actual overhead $15,400 $15.700 $28,600 $31.800 The actual machine-hours incurred were 2.300. VMOH Efficiency Variance was $700 Unfavorable What was Maxima's VMOH Spending Variance? Lebaum Corporation uses the weighted average method in its process costing system. Data concerning the second processing department for the most recent month are listed below. 400 units Production data Units in process, beginning: materials 60% complete: conversion 20% complete) Units transferred in during the month from the preceding department Units completed and transferred out during the month Units in process, ending: (materials 40% complete, conversion 80% complete) 1200 units 1000 unit ? units $ 28,992 Cost data: Work in process, beginning consists of cost transferred in. $12,400, materials cost $9,078, and conversion cost $751) Costs transferred in during the month: Materials cost added during the month Conversion costs incurred during the month $ 126,000 2000 $ 108,000 What is the cost of units completed and transferred out? (Choose the closest answer) Bearcat company, a merchandising company started its business at the beginning of the year 2020. The company sets cost of goods sold per unit. 40% of the payment for merchandise purchases is made with cash in the month of purchas following month. The company maintains at the end of each month an inventory of 30% of the next month's cost of goo months are as follows: February March $9,600 $12,000 $16,500 The unit selling price and unit purchase cost do not change for the next three months. What is the expected cash disbursement in February for merchandise purchases

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