1. The total direct materials cost variance is equal to the variance and the variance. direct materials price; direct labor time direct materials price; factory overhead volume direct materials price; direct materials quantity None of these choices are correct. 2. The direct labor rate variance and the direct labor time variance make up the actual direct labor cost. standard direct labor cost. total direct labor cost variance. None of these choices are correct. 3. The direct materials quantity variance is computed as (Actual Quantity – Standard Quantity) × Standard Price. (Actual Price – Standard Price) × Actual Quantity. Actual Costs – (Standard Quantity × Standard Price). (Actual Quantity + Standard Quantity) × Standard Price.

Jimmy owns an ice cream parlor. he designs a schedule for the different tasks the employees have to perform in order to prevent monotony at work. according to the schedule, if an employee makes waffle cones on a day, he serves ice creams the next day and clears the tables on the day after that. jimmy is using the approach at his ice cream parlor.

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.