Phillips Corporation has the following standards for its direct materials: Standard cost: $3.80 per pound Standard quantity: 7.40 pounds per product During the most recent month, the company purchased and used 45,100 pounds of material in manufacturing 6,100 products, at a total cost of $172,300. Compute the materials price variance. $920 Favorable $920 Unfavorable $152 Unfavorable $152 Favorable

Visburg concrete company pours concrete slabs for single-family dwellings. lancing construction company, which operates outside visburg's normal sales territory, asks visburg to pour 40 slabs for lancing's new development of homes. visburg has the capacity to build 300 slabs and is presently working on 250 of them. lancing is willing to pay only $3, 300 per slab. visburg estimates the cost of a typical job to include unit-level materials, $1, 440: unit-level labor, $720: and an allocated portion of facility-level overhead, $1, 200. required calculate the contribution to profit from the special order. should visburg accept or reject the special order to pour 40 slabs for $3, 300 each?

Starting at age 30, you deposit $2000 a year into an ira account for retirement. treat the yearly deposits into the account as a continuous income stream. if money in the account earns 7%, compounded continuously, how much will be in the account 35 years later, when you retire at age 65? how much of the final amount is interest?

Which term refers to the cost that motivates an economic decision