Hi-growth investments is a state-registered investment adviser that has increased the number of its branch offices and expanded its product line due to the recent acquisition of static advisers, a smaller regional boutique investment advisory firm. hi-growth must inform the administrator of any amendments to its registration statement: 1. within 48 hours of the closing of the acquisition2. within 10 business days of the end of the month in which the acquisition occurred3. the earlier of 60 days after the acquisition, or the anniversary date of the hi-growth's acquisition4. promptly

Doogan corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 grams $ 7.00 per gram direct labor 1.6 hours $ 12.00 per hour variable overhead 1.6 hours $ 6.00 per hour the company produced 5,000 units in january using 10,340 grams of direct material and 2,320 direct labor-hours. during the month, the company purchased 10,910 grams of the direct material at $7.30 per gram. the actual direct labor rate was $12.85 per hour and the actual variable overhead rate was $5.80 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 materials quantity variance for january is: