The per-unit standards for direct materials are 2 pounds at $5 per pound. last month, 11,200 pounds of direct materials that actually cost $53,000 were used to produce 6,000 units of product. the direct materials quantity variance for last month was

$7,000 unfavorable.

$4,000 favorable.

$4,000 unfavorable.

$3,000 favorable.

Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150

En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery