otal payroll for direct labor $ 1,080,000 Direct labor efficiency variance $ 66,600 The direct labor flexible-budget variance for February was:

If a bond is issued at a premium the effective interest rate is most likely

True or false: on january 1, year one, the epstein corporation buys a plot of land with a four-story office building. the company believes the building is worth $1.9 million and has an estimated life of twenty years (with no anticipated residual value). the straight-line method is used. the land has an assessed value of $100,000. because the seller was interested in a quick sale, epstein was able to buy this land and building for $1.7 million. depreciation expense to be recognized in year one is $80,750.

Which of the following is not a consideration when determining your asset allocation