Sharp Company manufactures a product for which the following standards have been set: Standard Quantity or Hours Standard Price or Rate Standard Cost
Direct materials 3 feet $5 per foot $15
Direct labor ? hours ? per hour ?

During March, the company purchased direct materials at a cost of $58,050, all of which were used in the production of 3,320 units of product. In addition, 4,900 hours of direct labor time were worked on the product during the month. The cost of this labor time was $39,150. The following variances have been computed for the month:

Materials quantity variance $2,700 U
Labor spending variance $690 F
Labor efficiency variance $640 F

Required:
a. Compute the actual cost per foot for materials for March.
b. Compute the price variance and the spending variance.
c. Compute the standard direct labor rate per hour.
d. Compute the standard hours allowed for the month's production.

Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?

Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.

Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity