Because Mike is only accountable for the $20,000 he invested in his friend Matt's company, the
two have created which of the following business types?
O
Dual Proprietor Structure
O
Limited Liability Partnership
O
Private Corporation
O
Limited Liability Company

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is: