Barley hopp, inc., manufactures custom-ordered commemorative beer steins. its standard cost information follows: standard quantity standard price (rate) standard unit cost direct materials (clay) 1.60 lbs. $ 1.70 per lb. $ 2.72 direct labor 1.60 hrs. $ 11.00 per hr. 17.60 variable manufacturing overhead (based on direct labor hours) 1.60 hrs. $ 1.10 per hr. 1.76 fixed manufacturing overhead ($275,000.00 ã· 110,000.00 units) 2.50 barley hopp had the following actual results last year: number of units produced and sold 115,000 number of pounds of clay used 198,200 cost of clay $ 317,120 number of labor hours worked 160,000 direct labor cost $ 2,080,000 variable overhead cost $ 220,000 fixed overhead cost $ 280,000

required:

1. calculate the direct materials price, quantity, and total spending variances for barley hopp.

2. calculate the direct labor rate, efficiency, and total spending variances for barley hopp.

3. calculate the variable overhead rate, efficiency, and total spending variances for barley hopp.

Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.

Gary lives in an area that receives high rainfall and thunderstorms throughout the year. which device would be useful to him to maintain his computer?