A company manufactures a product. Last month the company budgeted to produce 5,500 units of its most popular product, but actually ended up producing 5,000 units. The standard direct materials for each unit is 70 pounds of material at $2.90 per pound. The actual direct materials bought and used for each unit last month was 74 pounds of material at $3.20 per pound. What is the Efficiency (aka Usage or Quantity) Variance for direct materials for last month?

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005