The following information describes a company's usage of direct labor in a recent period. The direct labor efficiency variance is: Actual hours used 45,000 Actual rate per hour$15.00 Standard rate per hour$14.50 Standard hours for units produced 47,000 Multiple Choice $29,000 unfavorable. $29,000 favorable. $22,500 unfavorable. $52,500 favorable.

You are head of the schwartz family endowment for the arts. you have decided to fund an arts school in the san francisco bay area in perpetuity. every 5 years, you will give the school $ 1 comma 000 comma 000. the first payment will occur 5 years from today. if the interest rate is 5.9 % per year, what is the present value of your gift?

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?