Direct materials variances dvorak company produces a product that requires 5 standard pounds per unit. the standard price is $2.50 per pound. if 1,000 units required 4,500 pounds, which were purchased at $3.00 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
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Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?
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Direct materials variances dvorak company produces a product that requires 5 standard pounds per uni...
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