At Yellow Manufacturing, the following materials standards have been established for one of their products: Standard quantity per unit of output 5.0 meters Standard price $17.80 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased 8,000 meters Actual cost of materials purchased $146,800 Actual materials used in production 7,500 meters Actual output 1,460 units What is the materials price variance for the month

P8-4b dropping unfavorable division based on the following analysis of last year's operations of groves, inc., a financial vice president of the company believes that the firm's total net income could be increased by $160,000 if its design division were discontinued. (amounts are given in the thousands of dollars.) required provide answers for each of the following independent situations: a. assuming that total fixed costs and expenses would not be affected by discontinuing the design division, prepare an analysis showing why you agree or disagree with the vice president. b. assume that the discontinuance of the design division will enable the company to avoid 30% of the fixed portion of cost of services and 40% of the fixed operating expenses allocated to the design division. calculate the resulting effect on net income. c. assume that in addition to the cost avoidance in requirement (b), the capacity released by discontinuance of the design division can be used to provide 6,000 new services that would have a variable cost per service of $60 and would require additional fixed costs totaling $68,000. at what unit price must the new service be sold if groves is to increase its total net income by $180,000?

Which of the following results from the latest decision round is most important in providing guidance to company managers make in strategic moves and decisions to improve their companies competitiveness and rank among the top-performing companies in the current decision round

What is a potential negative effect of an expansionary policy? decreased borrowing increased interest rates increased inflation decreased available credit