Which of the following situations may lead to a favorable direct materials price variance? a) the purchasing manager was able to negotiate a lower purchase price for raw materials. b) a vendor shipped a greater quantity of raw materials than ordered. c) the purchasing manager paid a premium price for a higher quality of raw materials. d) raw materials waste was substantially reduced in the factory.

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?

Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment. b. structural and frictional unemployment. c. cyclical and structural unemployment. d. frictional, structural, and cyclical unemployment.

The biweekly taxable wages for the employees of rite shop follow. compute the fica taxes for each employee and the employers fica taxes