g Ortman Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct materials 7.0 liters $5.00 per liter Direct labor 1.4 hours $20.00 per hour Variable overhead 1.4 hours $2.00 per hour The company reported the following results concerning this product in May: Actual output 2,000 units Raw materials used in production 13,800 liters Actual direct labor-hours 2,715 hours Purchases of raw materials 15,430 liters Actual price of raw materials purchased $ 7.20 per liter Actual direct labor rate $19.10 per hour Actual variable overhead rate $1.40 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 May is:

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince

Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?