Acompany is setting its direct materials and direct labor standards for its leading product. direct materials cost from the supplier are $8 per square foot, net of purchase discount. freight-in amounts to $0.10 per square foot. basic wages of the assembly line personnel are $18 per hour. payroll taxes are approximately 25% of wages. benefits amount to $4 per hour. how much is the direct materials cost standard per square foot?

Which of the following best explains why buying a house is more beneficial than renting? a. buying is a personal investment while renting involves giving money to the landlord. b. the monthly payments on a mortgage are generally lower than rent on an apartment. c. it's easier to sell a house than it is to get a landlord to break a rental agreement. d. housing prices can go up and down quickly in comparison to the level of rents.