Suppose microsoft has no debt and an equity cost of capital of 9.2%. the average debt-to-value ratio for the software industry is 13%. what would its cost of equity be if it took on the average amount of debt for its industry at a cost of debt of 6%?

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is: