Casivant Corporation makes a product that uses a material wi…

Casivant Corporation makes a product that uses a material with the following direct material standards:   Standard quantity 3.8 pounds per unit Standard price $4.00 per pound   The company produced 7,300 units in November using 28,710 pounds of the material. During the month, the company purchased 30,800 pounds of the direct material at a total cost of $117,040.   The direct materials quantity variance for November is (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):

An expansion at Fey, Inc., would increase sales revenues by…

An expansion at Fey, Inc., would increase sales revenues by $150,000 per year and cash operating expenses by $47,000 per year. The initial investment would be for equipment that would cost $328,000 and have an 8 year life with no salvage value. The annual depreciation on the equipment would be $41,000. The simple rate of return on the investment is closest to (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):