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Question - Jap Company produces a chair that requires 5 yards of material per unit. The standard price of one yard of material is $7.00. During this month 8,500 chairs were manufactured, using 40,000 yards at total cost of $288,000. The chair requires 2.50 standard hours per hours per unit at an hourly rate of $13.00 per hour. 8,500 units required 19,000 hours at total cost of $246,050. Calculate the total direct material cost variance.
a. 9,500 Unfavorable
b. 7,400 Favorable
c. 8,400 Unfavorable
d. 9,500 Favorable
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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Term Structure of Interest Rates
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Create a cost-benefit analysis to evaluate the project
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Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
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CAPM and Venture Capital
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