Milar corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 pounds $ 7.00 per pound direct labor 1.5 hours $ 15.00 per hour variable overhead 1.5 hours $ 3.00 per hour in january the company produced 4,500 units using 10,210 pounds of the direct material and 2,190 direct labor-hours. during the month, the company purchased 10,780 pounds of the direct material at a cost of $76,660. the actual direct labor cost was $38,247 and the actual variable overhead cost was $11,948. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials price variance for january is:

The typical consumer's food basket in the base year 2015 is as follows: 30 chickens at $4 each 10 hams at $5 each 10 steaks at $8 each a chicken feed shortage causes the price of chickens to rise to $5.00 each in the year 2016. hams rise to $7.00 each, and the price of steaks is unchanged. a. calculate the change in the "cost-of-eating" index between 2015 and 2016. year cost of the basket 2015 $ 2016 $ instructions: enter your responses rounded to one decimal place. the official cost-of-eating index has by %. b. suppose that consumers are completely indifferent between two chickens and one ham. for this example, how large is the substitution bias in the official "cost-of-eating" index? the in the cost-of-eating index is %. the of inflation in the cost of eating reflects substitution bias.

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer

Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?