Flynn Corporation purchased bicycles from a British manufacturer at a price of 44,000 British pounds on November 15, 2017 with payment due in 60 days. Using the following exchange rates, what gain or loss from currency fluctuations should be recognized in 2017 and 2018, respectively? Nov 15, 2009 $1.70 per British Pond
Dec 31, 2009 $1.75 per British Pond
Jan 15, 2010 $1.73 per British Pond

a. A $2,250 loss in 2009 and a $900 gain in 2010.
b. No gain or loss in 2009 and a $1,350 loss in 2010.
c. A $2,250 gain in 2009 and a $900 loss in 2010.
d. No gain or loss in 2009 and a $1,350 gain in 2010.

Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable

)a business incurs the following costs per unit: labor $125/unit, materials $45/unit, and rent $250,000/month. if the firm produces 1,000,000 units a month, calculate the following: a. total variable costs b. total fixed costs c. total costs