True or false: The labor rate variance measures the productivity of direct labor. True false question. True False

Afamily wishes to save for future college expenses. which financial tool should the family invest in?

Intoxicated and not aware of the consequences, umberto agrees to a two-year cell-phone service contract with wander talk, inc., at more than the average market price. this contract is not enforceable because the contract clearly favors wander talk. not enforceable because umberto was intoxicated enough to lack mental capacity when he agreed to it. not enforceable because contracting parties can change their minds. enforceable.

Pell company acquires 80% of demers company for $500,000 on january 1, 2014. demers reported common stock of $300,000 and retained earnings of $210,000 on that date. equipment was undervalued by $30,000 and buildings were undervalued by $40,000, each having a 10-year remaining life. any excess consideration transferred over fair value was attributed to goodwill with an indefinite life. based on an annual review, goodwill has not been impaired. demers earns income and pays dividends as follows: picture assume the partial equity method is applied. how much does pell record as income from demers for the year ended december 31, 2015?