Exercise 9.14 direct materials and direct labor variances zoller company produces a dark chocolate candy bar. recently, the company adopted the following standards for one bar of the candy: direct materials (6.3 oz. $0.20) $1.26 direct labor (0.08 hr. @$18000 1.44 standard prime cost $2.70 during the first week of operation, the company experienced the following actual results a. bars produced: 143,000. b. ounces of direct materials purchased: 901,200 ounces at $0.21 per ounce. c. there are no beginning or ending inventories of direct materials. d. direct labor: 11,300 hours at $17.30 required instructions for part 1 and 2: if a variance is zero, enter "0" and select "not applicable" from the drop down box 1. compute price and usage variances for direct materials. s select your answer materials price variance select your answer materials usage variance 2. compute the rate variance and the efficiency variance for direct labor. u- select your answer labor rate variance labor efficiency variance select your answer tu

Arriving and delivering a load of company executives for a business meeting at a destination far from home base requiring an overnight stay, a company’s pilot requested approval from the company finance office to pay to either have the company’s jet brought into the fbo's hangar overnight to protect it from a forecast snowfall or to have it de-iced by the fbo the following morning well-before scheduled departure. the company was under considerable financial pressure at the time, and the pilot’s requests were denied because of the cost. so, early the following morning, the pilot was up on the wing of the jet sweeping off an accumulation of snow and ice with a borrowed push broom in preparation for the scheduled departure with the executives, but slipped and fell to the ground, suffering a broken neck. the business was organized as a limited partnership, owned by 3 limited partners and one general partner. as a cost-saving measure, the company had dropped its workers’ compensation insurance before the accident. analyze the potential liability for the pilot’s injuries of each of the following, showing your reasoning clearly: the company the general partner the limited partners analyze how the outcome would have been different, if the business had been organized as a corporation and observed all of the formalities to legitimize its corporate status. analyze how the outcome would have been different, if the pilot had been covered by workers’ compensation insurance.

Your sister turned 35 today, and she is planning to save $60,000 per year for retirement, with the first deposit to be made one year from today. she will invest in a mutual fund that's expected to provide a return of 7.5% per year. she plans to retire 30 years from today, when she turns 65, and she expects to live for 25 years after retirement, to age 90. under these assumptions, how much can she spend each year after she retires? her first withdrawal will be made at the end of her first retirement year.

Most economists report the elasticity of demand asa. the absolute value of the actual number.b. a negative number, since price and quantity demanded move in opposite directions.c. a percentage, since both the numerator and denominator are percentages.d. a dollar amount, since we are measuring the change in price.