If the law of increasing opportunity costs is operable, and currently the opportunity cost of producing the 101st unit of good x is 5y, then the opportunity cost of producing the 201st unit of good is x is most likely to bea. less than 5y. b. more than 1/5y but less than 5y. c. more than 5yd. less than 1/5y but more than zero. e. none of the above

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Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)