Benzyne corporation produced 100 units of product aa. the total standard and actual costs for materials and direct labor for the 100 units of product aa are as follows:

materials standard actual
standard: 300 pounds at $2.00 per pound $ 600
actual: 200 pounds at $3.00 per pound $ 600
direct labor:
standard: 350 hours at $10.00 per hour 3,500
actual: 300 hours at $12.00 per hour 3,600

what is the labor efficiency variance for benzyne corporation?

(a) $810 u
(b) $540 f
(c) $602 u
(d) $500 f

Find the expected net profit of an insurance company on a health-insurance policy if: the probability of a $5000 claim is 20%; the probability of a $1000 claim is 60%; the probability of a $20,000 claim is 10%, and the probability of no claim is 10%. the company charges $4000 for this coverage. interpret your answer.

Case in point 2.4 attaway airlines, part two back at attaway airlines, the morning meeting ended with no agreement between dan esposito and molly kinnon. in fact, a new issue arose. molly now says that the new accounting system is entitled to the highest priority because the federal government soon will require the reporting of certain types of company-paid health insurance premiums. because the current system will not handle this report, she insists that the entire accounting system is a nondiscretionary project. as you might expect, dan is upset. can part of a project be nondiscretionary? what issues need to be discussed? the committee meets again tomorrow, and the members will look to you, as the it director, for guidance.

Synovec co. is growing quickly. dividends are expected to grow at a rate of 24 percent for the next three years, with the growth rate falling off to a constant 7 percent thereafter. if the required return is 11 percent, and the company just paid a dividend of $2.05, what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)