Which of the following terms refers to the links that connect business firms with one another to coordinate production?
A) supply chain
B) B2B e-commerce
C) vertical market
D) horizontal market
A
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Which of the following is an advantage of participative budgeting?
A) It fosters pseudoparticipation. B) It encourages budgetary slack. C) It tends to discourage goal congruence. D) It fosters a sense of responsibility. E) There are no advantages of participative budgeting.
Beluga Corp. has developed standard costs based on a predicted operating level of 352,000 units of production, which is 80% of capacity. Variable overhead is $281,600 at this level of activity, or $0.80 per unit. Fixed overhead is $440,000. The standard costs per unit are: Direct materials (0.5 lbs. @ $1/1b.) ……$0.50 per unitDirect labor (1 hour @ $10/hour) ……….$10.00 per unitOverhead (1 hour @ $2.05/hour) ………$2.05 per unitBeluga actually produced 330,000 units at 75% of capacity and actual costs for the period were:Direct materials (162,000 lbs.) ………. $ 170,100Direct labor (329,500 hours) ………….$3,360,900Fixed overhead ………………………… $ 438,000Variable overhead ……………………. $ 262,000Calculate the following variances and
indicate whether each variance is favorable or unfavorable:(1) Direct labor efficiency variance: $________(2) Direct materials price variance: $________(3) Controllable overhead variance: $________ What will be an ideal response?
Married couples often share a tenancy in common in the family home
Indicate whether the statement is true or false
A leadership perspective that focuses on individual leaders and attempts to determine the personal characteristics that leaders share is referred to as the
A. leader-member exchange theory. B. trait approach. C. leadership grid. D. behavioral approach. E. knowledge approach.