Company's standard cost for raw materials is per pound and it is expected that each metal shelf uses pounds of material. During October Year 2, pounds of materials are purchased from a new supplier for and shelves are produced using pounds of materials. Which statement is a possible explanation concerning the direct materials variances? A. The purchasing manager paid more than expected for materials. B. The overall materials variance is positive; no further analysis is necessary. C. Production workers were more efficient than anticipated. D. The production department had to use more materials since the quality of the materials was inferior.

You've arrived at the pecan shellers conference—your first networking opportunity. naturally, you're feeling nervous, but to avoid seeming insecure or uncertain, you've decided to a. speak a little louder than you would normally. b. talk on your cell phone as you walk around. c. hold an empowered image of yourself in your mind. d. square your shoulders before entering the room.

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be:

By which distribution system is more than 90 percent of u. s. coal shipped? a. pipelinesb. trucksc. waterwaysd. railroadse. none of the above