Cave hardware's forecasted sales for april; may; june; and july are $ 200,000; $ 210,000; $ 150,000; and $ 240,000; respectively. sales are 70% cash and 30% credit with all accounts receivables collected in the month following the sale. cost of goods sold is 80% of sales and ending inventory is maintained at $ 75,000 plus 10% of the following month's cost of goods sold. all inventory purchases are paid 26% in the month of purchase and 74% in the following month. what is the balance of accounts payable on the june 30 budgeted balance sheet at cave hardware?

Skychefs, inc. prepares in-flight meals for a number of major airlines. one of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. during the most recent week, the company prepared 4000 of these meals using 960 direct labor hours. the company paid these direct labor workers a total of $19,200 for this work, or $20.00 per hour. according to standard cost card for this meal, it should require 0.25 direct labour-hours at a cost of $19.75 per hour.1. what is the standard labor-hours allowed (sh) to prepare 4,000 meals? 2. what is the standard labor cost allowed (sh x sr) to prepare 4,000 meals? 3. what is the labor spending variance? 4. what is the labor rate variance and the labor efficiency variance?