When auto manufacturer BMW purchased the RollsminusRoyce brand name, BMW had to hire and train a new staff of assembly workers. The new workers were paid $ 27.00 per hour, worked a total of 8 comma 700 hours, and produced 1 comma 800 cars. BMW budgeted for a standard labor rate of $ 28.00 per hour and 2.75 direct labor hours per car. What is the direct labor efficiency variance for the RollsminusRoyce division?

Consider a firm with a contract to sell an asset for $149,000 four years from now. the asset costs $85,000 to produce today. a. given a relevant discount rate of 14 percent per year, calculate the profit the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. at what rate does the firm just break even?