Mitchell has lived in his home and paid his mortgage on time for 10 years. After becoming ill, he was no longer able to work and could not make the payments. Eventually, Mitchell had to vacate the home due to foreclosure. How will the foreclosure influence Mitchell’s credit report? A : Credit reporting agencies are allowed to maintain negative information about you for up to 7 years. B : Credit reporting agencies are allowed to maintain negative information about you for life. C : Credit reporting agencies are allowed to maintain negative information about you for 10 years (except for bankruptcy, which stays on your record for life). D : Credit reporting agencies are allowed to maintain negative information about you for up to 10 years.

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?