Majer corporation makes a product with the following standard costs:
standard quantity
or hours standard price or
rate standard cost per unit
direct materials 6.1 ounces $ 2.00 per ounce $ 12.20
direct labor 0.7 hours $ 12.00 per hour $ 8.40
variable overhead 0.7 hours $ 2.00 per hour $ 1.40
the company reported the following results concerning this product in february.
originally budgeted output 5,400 units
actual output 5,700 units
raw materials used in production 33,100 ounces
actual direct labor-hours 2,030 hours
purchases of raw materials 28,300 ounces
actual price of raw materials $ 17.10 per ounce
actual direct labor rate $ 7.60 per hour
actual variable overhead rate $ 1.10 per hour
the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased.
the variable overhead rate variance for february is:
multiple choice
$1,827 f
$1,832 f
$1,827 u
$1,832 f

Journalize the following transactions that occurred in september 2015 for aquamarines. no explanations are needed. identify each accounts payable and accounts receivable with the vendor or customer name. sep. 3 purchased merchandise inventory on account from shallin wholesalers, $5,000. terms 1/15, n/eom, fob shipping point. 4 paid freight bill of $80 on september 3 purchase. 4 purchased merchandise inventory for cash of $1,700. 6 returned $500 of inventory from september 3 purchase. 8 sold merchandise inventory to hermosa company, $6,000, on account. terms 2/15, n/35. cost of goods, $2,640. 9 purchased merchandise inventory on account from thomas wholesalers, $8,000. terms 2/10, n/30, fob destination. 10 made payment to shallin wholesalers for goods purchased on september 3, less return and discount. 12 received payment from hermosa company, less discount. 13 after negotiations, received a $200 allowance from thomas wholesalers. 15 sold merchandise inventory to jordan company, $2,500, on account. terms 1/10, n/eom. cost of goods, $1,050. 22 made payment, less allowance, to thomas wholesalers for goods purchased on september 9. 23 jordan company returned $400 of the merchandise sold on september 15. cost of goods, $160. 25 sold merchandise inventory to smithsons for $1,100 on account that cost $400. terms of 2/10, n/30 were offered, fob shipping point. as a courtesy to smithsons, $75 of freight was added to the invoice for which cash was paid by aquamarines. 26 after negotiations, granted a $100 allowance to smithsons for merchandise purchased on september 25. 29 received payment from smithsons, less allowance and discount. 30 received payment from jordan company, less return.

If a price increase from $5 to $7 causes quantity demanded to fall from 150 to 100 and vice-versa, what is the absolute value of the own price elasticity at a price of $7? note that the question is about the price point of $7, and not $5.

Max has set some financial goals and created a budget. what else does max need to have a complete financial plan? a. loan information, insurance plan, and a saving and investing plan b. net worth statement, risk management plan, and investment principals c. net worth statement, insurance plan, and a saving and investing plan d. net worth statement, spreadsheet, and risk management plan