The following direct materials and direct labor data pertain to the operations of Laurel Company for the month of August. Costs
Actual labor rate $15 per hour
Actual materials price $190 per ton
Standard labor rate $14.50 per hour
Standard materials price $193 per ton

Quantities
Actual hours incurred and used 4,600 hours
Actual quantity of materials purchased and used 1,700 tons
Standard hours used 4,650 hours
Standard quantity of materials used 1,680 tons

Required:
Compute the total, price, and quantity variances for materials and labor.

Partnerships are the most common type of business firms in the world. t/f

Which feature is a characteristic of a corporation?

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note: