Debra is the purchase assistant. She bought a hard drive for the company’s IT department. The accountant asked for a receipt for the purchase. Which accounting principle is the accountant complying with? A. realization B. objectivity C. matching D. consistency E. duality

At the beginning of the accounting period, nutrition incorporated estimated that total fixed overhead cost would be $50,600 and that sales volume would be 10,000 units. at the end of the accounting period actual fixed overhead was $56,100 and actual sales volume was 11,000 units. nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price. based on this information the overhead spending variance is multiple choice $5,500 favorable. $440 favorable. $5,500 unfavorable. $440 unfavorable.

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Which of the following would be an accurate statement about achieving a balanced budget