The standard costs and actual costs for direct materials for the manufacture of 2,300 actual units of product are as follows: Standard Costs Direct materials 1,040 kilograms at $8.73 Actual Costs Direct materials 2,300 kilograms at $8.05 The direct materials price variance is a.$707 favorable b.$1,564 unfavorable c.$1,564 favorable d.$707 unfavorable

Abond is issued for less than its face value. which statement most likely would explain why? a. the bond's contract rate is higher than the market rate at the time of the issue. b. the bond's contract rate is the same as the market rate at the time of the issue. c. the bond's contract rate is lower than the market rate at the time of the issue. d. the bond isn't secured by specific assets of the corporation.

Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.

Acoase solution to a problem of externality ensures that a socially efficient outcome is to