Arecent review of actual operating results compared to budget indicates an unfavorable cost variance on direct materials and a favorable cost variance on direct labor (that is, we are spending more on materials and less on labor than we expected to). which department managers should get bonuses and which departments managers should get reprimands? why?

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?