he following materials standards have been established for a particular product: Standard quantity per unit of output 5.7 pounds Standard price $14.50 per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased 6,750 pounds Actual cost of materials purchased $64,180 Actual materials used in production 6,250 pounds Actual output 830 units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for the month

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?

Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)