Malkovich company uses a standard costing system. the following information pertains to direct materials for the month of july:

standard price per lb. $18.00
actual purchase price per lb. $16.50
quantity purchased 3,100 lbs.
quantity used 2,950 lbs.
standard quantity allowed for actual output 3,000 lbs.
actual output 1,000 units

malkovich company reports its material price variances at the time of purchase.

what is the standard quantity of direct materials per unit for malkovich company?

Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yael’s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?