Diaz company has developed the following standards for one of its products: direct materials 3.50 pounds × $4 per pounddirect labor 1 hour × $12 per hourvariable manufacturing overhead 1 hour × $6 per hourthe following activity occurred during the month of april: materials purchased 2,000 pounds costing $22,500materials used 1,600 poundsunits produced 250 unitsdirect labor 550 hours at $12.50 per houractual variable manufacturing overhead: $2,500the company records materials price variances at the time of purchase. the total variable standard cost is:

You are an employee of an u.s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u.s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u.s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?

Three pounds of material a are required for each unit produced. the company has a policy of maintaining a stock of material a on hand at the end of each quarter equal to 30% of the next quarter's production needs for material a. a total of 35,000 pounds of material a are on hand to start the year. budgeted purchases of material a for the second quarter would be:

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.