The following data relating to direct materials cost for october of the current year are taken from the records of good clean fun inc., a manufacturer of organic toys: quantity of direct materials used 3,000 lbs. actual unit price of direct materials $5.50 per lb. units of finished product manufactured 1,400 unitsstandard direct materials per unit of finished product 2 lbs. direct materials quantity variance-unfavorable $1,000direct materials price variance-unfavorable $1,500
determine the standard direct materials cost per unit of the finished product, assuming that there was no inventory of work in process at either the beginning or the end of the month.

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases.b. the marginal cost of going to ft. lauderdale decreases.c. the marginal benefit of going to cancun increases.d. the marginal benefit of going to ft. lauderdale decreases.

If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots