Broker freehand and broker getrich make a deal that freehand will take all the listings on the north side of town, which are located near his office and broker getrich will take all the listings on the south side near his office. they have agreed not to cross into each other's territories or allow their salespeople to do this. they have also agreed to set their rates at 7% so that the sellers will all pay the same fee. is this acceptable?

Doogan corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 grams $ 7.00 per gram direct labor 1.6 hours $ 12.00 per hour variable overhead 1.6 hours $ 6.00 per hour the company produced 5,000 units in january using 10,340 grams of direct material and 2,320 direct labor-hours. during the month, the company purchased 10,910 grams of the direct material at $7.30 per gram. the actual direct labor rate was $12.85 per hour and the actual variable overhead rate was $5.80 per hour. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for january is: