Afirm has $2,000,000 in its common stock account and $20,000,000 in its paid-in capital account. the firm issued 500,000 shares of common stock. what is the par value of the common stock? select one: a. $40 per share b. $44 per share c. $4 per share d. $3 per share e. none of the above

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is: