Hancock Corporation makes a product that uses a material with the quantity standard of 7.3 grams per unit of output and the price standard of $6.00 per gram. In January the company produced 3,400 units using 24,870 grams of the direct material. During the month Hancock purchased 27,400 grams of the direct material at $6.10 per gram. The direct materials purchases variance is computed when the materials are purchased.The materials quantity variance for January is:

Rain Jewelry’s records for November showed that the actual quantity of gold colored material purchased was 6,500 ounces at an actual price of $3.80 per ounce. The total cost of the gold material purchased was $24,700.  All of the gold material purchased was used during November to manufacture 2,000 plaques.  Rain Jewelry’s standards require that one plaque requires 3 ounces of gold material at a standard cost of $4.00 per ounce. The materials price variance for November is:

Automotive Manufacturing is presently making part Z43 that is used in one of its products. A total of 5,000 units of this part are produced and used every year. Automotive’s Accounting Department reports the following costs of producing the part at this level of activity:   Per Unit Direct materials $ 1.10 Direct labor $ 3.10 Variable overhead $ 6.90 Supervisor’s salary $ 5.80 Depreciation of special equipment $ 5.20 Allocated general overhead $ 5.60 An outside supplier has offered to produce and sell the part to Automotive for $20.80 each. If this offer is accepted, the supervisor’s salary and all of the variable costs, including direct labor, can be avoided. The special equipment used to make the part was purchased many years ago and has no salvage value or other use. The allocated general overhead represents fixed costs of the entire company. If the outside supplier’s offer were accepted, only $4,000 of these allocated general overhead costs would be avoided.If management decides to buy part Z43 from the outside supplier rather than to continue making the part, what would be the annual financial advantage (disadvantage)?

Earl, driving while intoxicated, causes a car accident that results in the death of Frank. Earl is arrested and charged with a felony. A felony is a crime punishable by death or imprisonment for more than

Gail is a private lender who is charged with filing false claims in bankruptcy proceedings against her debtors. The standard of proof to find a defendant who has been charged with a crime guilty is

A verdict of not guilty means:

In order to establish negligence, a Plaintiff must prove beyond a reasonable doubt that the Defendant’s actions caused the Plaintiff’s damages.

Which of the following issues need not be proven to establish defamation against a non-public figure?

Leo hears Mona falsely accuse Nick of stealing from their employer. The statement is defamatory

Kate believes that George is about to hit her. To prevent harmful contact in dangerous situations, a person may use