Parallel enterprises has collected the following data on one of its products. during the period the company produced 25,000 units. the direct materials price variance is: direct materials standard (7 kg. @ $2/kg.) $14 per finished unitactual cost of materials purchased $322,500actual direct materials purchased and used 150,000 lbs.$27,500 unfavorable.$50,000 unfavorable.$50,000 favorable.$22,500 unfavorable.$22,500 favorable.

Grant, inc., acquired 30% of south co.’s voting stock for $200,000 on january 2, year 1, and did not elect the fair value option. the price equaled the carrying amount and the fair value of the interest purchased in south’s net assets. grant’s 30% interest in south gave grant the ability to exercise significant influence over south’s operating and financial policies. during year 1, south earned $80,000 and paid dividends of $50,000. south reported earnings of $100,000 for the 6 months ended june 30, year 2, and $200,000 for the year ended december 31, year 2. on july 1, year 2, grant sold half of its stock in south for $150,000 cash. south paid dividends of $60,000 on october 1, year 2. before income taxes, what amount should grant include in its year 1 income statement as a result of the investment?

Which of the following is least likely to a team solve problems together

Describe at least four ways you can take money out of a checking account