Devon plans to attend college. He has estimated the costs for his first year. Tuition = $3,600 Other educational expenses = $450 Housing and living expenses = $4,000 His financial aid counselor says Devon will receive $2,100 that year in grant money, and that he’s eligible for a work-study program that will pay $2,300 his first year. Devon also will receive a scholarship for $1,000. What will be the total cost of Devon’s first year? How much financial aid will Devon receive for his first year? How much money will Devon need to save to cover his first year of college?

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: