The Southside Corporation budgeted 4 comma 900 pounds of direct materials to make 2 comma 700 units of product. The company actually used 5 comma 900 pounds of direct materials to make the 2 comma 700 units. The direct materials quantity variance is $ 1 comma 200 unfavorable. What is the Standard Price (SP) per pound of direct materials?

Western electric has 32,000 shares of common stock outstanding at a price per share of $79 and a rate of return of 13.00 percent. the firm has 7,300 shares of 7.80 percent preferred stock outstanding at a price of $95.00 per share. the preferred stock has a par value of $100. the outstanding debt has a total face value of $404,000 and currently sells for 111 percent of face. the yield to maturity on the debt is 8.08 percent. what is the firm's weighted average cost of capital if the tax rate is 39 percent?