Crane companyplanned to use 1 yard of plastic per unit budgeted at $91 a yard. however, the plastic actually cost $90 per yard. the company actually made 4100 units, although it had planned to make only 3300 units. total yards used for production were 4160. how much is the total materials variance?

The distinction between a normal and an inferior good is

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.

Which of the following is not a consideration when determining your asset allocation