Exercise 11-8 the following direct materials and direct labor data pertain to the operations of laurel company for the month of august. costs actual labor rate $12 per hour actual materials price $250 per ton standard labor rate $11.50 per hour standard materials price $251 per ton quantities actual hours incurred and used 4,000 hours actual quantity of materials purchased and used 1,500 tons standard hours used 4,070 hours standard quantity of materials used 1,475 tons (a) compute the total, price, and quantity variances for materials and labor. total materials variance $ materials price variance $ materials quantity variance $ total labor variance $ labor price variance $ labor quantity variance $

When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations

Select the correct answer. which is a benefit of planning for your future career? a. being less prepared after high school. b. having higher tuition in college. c. earning college credits in high school. d. ruining your chances of having a successful career.

Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis. b)reject the null hypothesis and conclude the mean is higher than $6,000 per day. c)reject the null hypothesis and conclude the mean is lower than $6,000 per day. d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day. expert answer