Denzel needs a new car. at the dealership, he finds the car that he likes. the dealership gives him two payment options:

1. pay $35,000 for the car today.
2. pay $4,000 at the end of each quarter for three years.

assuming denzel uses a discount rate of 12% (or 3% quarterly), calculate the present value. (fv of $1, pv of $1, fva of $1, and pva of $1) (use appropriate factor(s) from the tables provided. round your answers to 2 decimal places.)

Doogan corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 grams $ 7.00 per gram direct labor 1.6 hours $ 12.00 per hour variable overhead 1.6 hours $ 6.00 per hour the company produced 5,000 units in january using 10,340 grams of direct material and 2,320 direct labor-hours. during the month, the company purchased 10,910 grams of the direct material at $7.30 per gram. the actual direct labor rate was $12.85 per hour and the actual variable overhead rate was $5.80 per hour. 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 quantity variance for january is: