During March,Raining Unlimited produced 5,500 umbrellas from nylon that costs $0.45 per metre,which is $0.05 per metre cheaper than the standard cost.It also used 3,000 direct labour hours at a rate of $6.50 per hour.Its direct materials standard is 1 m per umbrella.Its direct labour standard is 0.5 hour per umbrella.
Its materials usage variance was a favourable $500,and its labour rate variance was a favourable $900. 
Definitions:
Q8: What costs are incurred when products and
Q9: Glouster Company makes power tools.The sales
Q29: The dollar difference between operating income and
Q43: Showcase Inc's standard variable overhead rate is
Q54: Basically,EVA is residual income with the cost
Q86: If the target cost is less than
Q119: Unit selling price<br>A)Production budget<br>B)Direct materials purchases budget<br>C)Sales
Q123: Refer to the Figure.What is the cost
Q124: Refer to the Figure.What is the flexible
Q149: Refer to the Figure.Which of the following