Standard Quantity or Hours Standard Price or Rate Direct materials 4.5 pounds $10.50 per pound Direct labor 0.55 hours $21.50 per hour Variable overhead 0.55 hours $4.00 per hour In October the company produced 5,600 units using 28,000 pounds of the direct material and 3,360 direct labor-hours. During the month, the company purchased 27,600 pounds of the direct material at a total cost of $266,000. The actual direct labor cost for the month was $73,080 and the actual variable overhead cost was $11,760. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchase variance is computed when the materials are purchased. Required: Compute the materials price variance. Compute the materials quantity variance. Compute the labor rate variance. Compute the labor efficiency variance. Compute the variable overhead rate variance. Compute the variable overhead efficiency variance.

There are about 6.8 billion people in the world, and about 11.4 billion usable hectares. currently, the population of the united states has an ecological footprint of about 9.0 hectares per person. if all people in the world were to live at the level of consumption found in the united states, the population of the world would have to in order to support them.

The amberssen specialty company is a chain of twelve retail stores that sell a variety of imported gift items, gourmet chocolates, cheeses, and wines in the toronto area. amberssen has an is staff of three people who have created a simple but effective information system of networked point-of-sale registers at the stores and a centralized accounting system at the company head- quarters. harry hilman, the head of amberssens is group, has just received the following memo from bill amberssen, sales director (and son of amberssen’s founder). harry—it’s time amberssen specialty launched itself on the internet. many of our competitors are already there, selling to customers without the expense of a retail storefront, and we should be there too. i project that we could double or triple our annual revenues by selling our products on the internet. i’d like to have this ready by - giving, in time for the prime holiday gift-shopping season. bill after pondering this memo for several days, harry scheduled a meeting with bill so that he could clarify bill’s vision of this venture. using the standard con- tent of a system request as your guide, prepare a list of questions that harry needs to have answered about this project.

Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.) present value investment x $ investment y