Krizun Industries makes heavy construction equipment. The standard for a particular crane calls for 20 direct labor-hours at $24 per direct labor-hour. During a recent period 875 cranes were made. The labor efficiency variance was $1,200 Unfavorable. How many actual direct labor-hours were worked?
A. 17,600 direct labor-hours
B. 17,450 direct labor-hours
C. 17,550 direct labor-hours
D. 17,500 direct labor-hours
Answer: C
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Departmentalized, single-story retail establishments that offer food and nonfood items, mostly on a self-service basis are called:
A) Specialty retailers. B) Supermarkets. C) Convenience stores. D) Discount retailers. E) Hyper markets.
Why is it important to cite sources when writing reports?
A) Sources replace research and data needed to complete the report B) Sources can replace the synthesis of material C) Sources make the writers ideas seem original D) Sources allow you to present someone else's materials as your own E) Sources help your audience locate information
Which of the following statements best illustrates the view of "utilitarianism"? I. From each according to his abilities, to each according to his needs. II. The risk reasonably to be perceived defines the duty to be obeyed and risks imports relation; it is risk to another or to others within the range of apprehension. III. An action is right when maximizing welfare and total well-being. IV
Individuals should pursue his or her own self-interest, even at the expense of others. a. I only b. III only c. I and II d. I, II, and III
Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 80,000 direct labor-hours, total fixed manufacturing overhead cost of $160,000, and a variable manufacturing overhead rate of $2.30 per direct labor-hour. Recently Job X387 was completed and required 120 direct labor-hours.Required:Calculate the amount of overhead applied to Job X387.
What will be an ideal response?