The standard quantity of materials for a product was 40 pounds per unit at the standard price of $2.00 per pound. the actual price per pound of materials was $1.50, and the actual quantity used was 44 pounds. an analysis would indicate a $20.00 favorable price variance. a $8.00 favorable quantity variance. a $6.00 unfavorable quantity variance. a $8.00 unfavorable quantity variance.

Employees of dti, inc. worked 1,600 direct labor hours in january and 1,000 direct labor hours in february. dti expects to use 18,000 direct labor hours during the year, and expects to incur $22,500 of worker’s compensation insurance cost for the year. the cash payment for this cost will be paid in april. how much insurance premium should be allocated to products made in january and february?

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Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%