The owner of the krusty krab is considering selling his restaurant and retiring. an investor has offered to buy the krusty krab for $350,000 whenever the owner is ready for retirement. the owner is considering the following three alternatives: 1. sell the restaurant now and retire. 2. hire someone to manage the restaurant for the next year and retire. this will require the owner to spend $50,000 now, but will generate $100,000 in profit next year. in one year the owner will sell the restaurant for $350,000.

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: