a. Describe a new service or product that you would recommend for your company to offer due to the impact of the COVID-19 pandemic: 1- Explain what new investments in property, plant, and equipment, technology, or new processes would be necessary to offer this new product or service to your customers. 2- Explain how your new investments in property, plant, and equipment, technology, or new processes would help the company to reduce waste and increase efficiencies in the company's manufacturing process or another business process.

Variance Analysis Problem Paradise, Inc. has prepared the following standard cost sheet for one unit of the product. Direct materials (2 pounds at $7 per pound) $14.00 Direct labor (4 hours at $15.00 per hour) $45.00 During the month of November, the company manufactures 2,000 units and incurs the following actual costs. Direct materials purchased and used (5,000 pounds) $30,000 Direct labor (6,000 hours) $84,000 Compute the total, price, and quantity variances for materials. Direct Material Variances (AQ x AP) (SQ x SP) = Total Favorable or Unfavorable Total Direct Material Variance = (AQ x AP) (AQ x SP) Total Favorable or Unfavorable Direct Material Price Variance E (AQ x SP) (SQ x SP) Total Favorable or Unfavorable Direct Material Quantity Variance =