During June, Cisco Company produced 12,000 chainsaw blades. The standard quantity of material allowed per unit was 1.5 pounds of steel per blade at a standard cost of $8 per pound. The actual cost was $7 per pound. The actual pounds of steel that Cisco purchased were 19,500 pounds. Calculate Cisco's materials usage variance

Which of the following will be included in manufacturing overhead costs?

A) indirect labor and indirect materials used B) salaries of salesmen C) direct materials and direct labor D) delivery costs to ship goods to customers

Is there an exception to the requirement of depositing trust funds within three business days of receipt?

a. No, it is the law so there are no exceptions. b. Yes, if the broker feels it would be a hardship on the buyer. c. Yes, if the offeror stipulates that the check is to remain uncashed until the acceptance of the offer and the offeree has been so notified. d. Yes, even after acceptance the broker can still hold the check and cash regardless of the wishes of the offeree.