Dibert inc. has provided the following data concerning one of the products in its standard cost system. inputs standard quantity or hours per unit of output standard price or ratedirect labor 0.70 hours $20.40 per hourthe company has reported the following actual results for the product for february: actual output 5,100unitsactual direct labor-hours 3,380hoursactual direct labor cost $74,698 the labor rate variance for the month is closest to: a. $6,069 ub. $6,069 fc. $5,746 ud. $5,746 f

Select the correct answer. the word intestate means that a person has died with or without a will?

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be: