In July, a company expected that the cost of direct materials would amount to $24 for each unit of its product. Although the company had expected to produce 10,000 units during July, the company actually produced 11,500 units. The actual cost of direct materials per unit amounted to $19. What is the flexible budget (spending) variance for direct materials? Indicate whether the variance is favorable or unfavorable.

A company acquired 900 pounds of Material A at a total cost of $10,000.  The company then processed the 900 pounds of Material A into 700 pounds of Material B and 200 pounds of Material X at a cost of $5,000.  Material B can be sold for $50 per pound.  However, the company also has the option to process the 700 pounds of Material B into 550 pounds of material C (150 pounds are lost in the conversion process).  The processing costs would amount to $4,000.  The market value of material C is $75 per pound.  If the company chooses to process material B into material C, what is the effect on profitability?

In July, a company expected that the cost of direct materials would amount to $24 for each unit of its product. Although the company had expected to produce 10,000 units during July, the company actually produced 11,500 units. The actual cost of direct materials per unit amounted to $19. What is the sales volume (activity) variance for direct materials? Indicate whether the variance is favorable or unfavorable.

This exam is 40 multiple-choice questions over the labs from chapters 19, 20, 21, 11, and 12. You will have 50 minutes to complete it. This exam must be completed in a single sitting, and you will not be able to save and return to it at another time. If you are familiar with the material, this will be ample time to complete the exam. For the test you are not permitted to use anything, including but not limited to your textbook, lab manual, your phone, Google, a friend, or a family member. Use of any of these other materials, or helping a classmate use any of these materials, is cheating and a violation of Angelina College’s Academic Honor Policy and may result in expulsion from the course or from the school. Do not reproduce these questions in any way.

Suppose that you have a barber that you see regularly. You pay him $8 and he cuts your hair on the first Tuesday of each month. You like each other and both hope this arrangement can continue many years into the future. What would Aristotle be most likely to say about the relationship between you two?

According to Aristotle, does a good person love him/herself more than others?

What is the first thing Descartes come to that he finds out cannot be doubted?

According to Aristotle, in what way is friendship most directly connected to happiness?

What is a notable limitation of Aquinas’ five ways?

While each have their own way of proceeding, what do each of Aquinas’ 5 ways have in common?