James received a report from the production and purchasing departments with the following values for january: actual materials quantity: 90,000 pounds total actual cost: $47,200 standard materials quantity: 5.5 pounds/unit standard price: $0.55/pound units made: 16,300 two days later, he got a correction report from the purchasing department that they found another invoice for $6,200. how much would james’ materials price variance change for the month of january?

a : $3,900 f
b : $3,900 u
c : $6,200 u
d : $6,200 f

Should the government be downsized? which functions should be cut back? which ones should be expanded?

Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?

Todd and jim learned that in building a business plan, it was important for them to: