The interest period extends from the original date of the note to the maturity date

Sinclair Manufacturing uses a standard cost system

The T-account for manufacturing overhead is shown below: Manufacturing overhead 95,000 93,000 In addition to the above, Sinclair calculated the following overhead variances: Variable overhead cost variance: $5,000 F Variable overhead efficiency variance: $4,850 U Fixed overhead cost variance: $1,200 F Fixed overhead volume variance: $3,350 U Prepare the journal entry to close the manufacturing overhead account and record the overhead variances. What will be an ideal response

An employee can contribute up to ______ percent of his or her salary with total employee and employer contribution limited to $_____ or 25 percent of salary in a savings or thrift plan

(a) 10%, $25,000 (b) 40%, $7,000 (c) 5%, $25,000 (d) 6%, $30,000