Solly Corporation produces a product for national distributi…

Solly Corporation produces a product for national distribution. Standards for the product are:Materials: 12 ounces per unit at 60¢ per ounce.Labor: 2 hours per unit at $8 per hour.During the month of December, the company produced 1,000 units. Information for the month follows:Materials: 14,000 ounces purchased and used at a total cost of $7,700.Labor: 2,500 hours worked at a total cost of $20,625.The materials price variance is:

Masde Corporation produces and sells Product CharlieD. To gu…

Masde Corporation produces and sells Product CharlieD. To guard against stockouts, the company requires that 25% of the next month’s sales be on hand at the end of each month. Budgeted sales of Product CharlieD over the next four months are:                                             June          July          August      SeptemberBudgeted sales in units      40,000      60,000    50,000      80,000Budgeted production for August would be:

The following is a fair and generally true statement regardi…

The following is a fair and generally true statement regarding most people that come to a law office for help regarding a legal matter: “Most people are confused about the law and make requests based on misinformation about what courses of action are available to solve problems.”