Jamie draperies manufactures curtains. to complete a curtain, jamie requires the following inputs: direct materials standard: 10 square yards at $5 per yard direct manufacturing labor standard: 5 hours at $10 per hour during the second quarter, jamie draperies made 1,500 curtains and used 14,000 square yards of fabric costing $68,600. direct manufacturing labor totaled 7,600 hours for $79,800.
a. compute the direct materials price and efficiency variances for the quarter.
b. compute the direct manufacturing labor price and efficiency variances for the quarter.

If you want to compare two different investments, what should you calculate

Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.