Pericloud Company uses a standard costing system. The following information pertains to direct materials for July: Standard price per lb. $20.00 Actual purchase price per lb. $18.00 Quantity purchased 2,000 lbs. Quantity used 1,400 lbs. Standard quantity allowed for actual output 1,450 lbs. Actual output 500 units Pericloud Company reports its materials price variances at the time of purchase. What is the materials usage variance for Pericloud Company? a.$7,850 U b.$1,000 F c.$1,900 U d.$2,450 F

Eager, a tipped employee, reported to his employer that he had received $320 in tips during march. on the next payday, april 4, he was paid his regular salary of $250. the amount of oasdi taxes to withhold from eager’s pay is a. $19.84 b. $15.50 c. $35.34 d. $43.61 e. none of the above. 2 points

T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow

The martinez legal firm (mlf) recently acquired a smaller competitor, miller and associates, which specializes in issues not previously covered by mlf, such as land use and intellectual property cases. given the increase in the firm's size and complexity, it is likely that its internal transaction costs willa. decrease. b. increase. c. become external transaction costs. d. be eliminated.