Northwest resources, inc., and midwest commodities corporation are exporting firms that join together to export a line of products. northwest resources and midwest commodities apply to commerce bank for a loan to fund their effort. under federal law, commerce and other u. s. banks area. banned by statute from opening such credit lines. b. asked by enforcement agencies to report such requests. c. discouraged by administrative rules to make such loans. d. encouraged by credit guaranties to lend such funds.

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: