On January 1, 2018, Benbrook Company purchased equipment and signed a six-year mortgage note for $160,000 at 15%. The note will be paid in equal annual installments of $42.278, beginning January 1, 2019. Calculate the balance of Mortgage Payable after the payment of the first installment. (Round your answer to the nearest whole number.) Select one: A. $141,722 B. $24,000 C. $117.722 D. $120,702 Porter Company uses standard costs for its manufacturing division. Standards specify 0.1 direct labor hours per unit of product. The allocation base for variable overhead costs is direct labor hours. At the beginning of the year, the static budget for variable overhead costs included the following data: Production volume 6000 units Budgeted variable overhead costs $16,000 Budgeted direct labor hours (DLHO) 500 hours At the end of the year, actual data were as follows: Production volume Actual variable overhead costs actual direct labor hours (DLHO) What is the variable overhead efficiency variance? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest |4100 units $15,200 500 hours dollar) Select one: A $2400 U B. $2736 U C. $2736F D. $2400 F