The direct materials standards for the main product of Duchess Company are 8 grams of direct materials per product at a cost of $3 per gram. During April, 969 grams of direct materials were used to produce 120 products at a direct materials cost of $2,900. The direct materials quantity variance for April was
A) $57 (U).
B) $77 (U).
C) $27 (U).
D) $97 (F).
C
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A program that ties marketing to a charity in order to generate good will is called:
A) cause-related marketing B) social responsibility marketing C) marketing myopia D) sponsorship marketing
Which one of the following items appears on a balance sheet?
a. Accounts payable b. Sales revenue c. Utilities expense d. Cost of goods sold
List the four steps, in the order of occurrence, that are used in preparing a production cost report.
What will be an ideal response?
Team Formation and Operation Juanita has just been asked to head up a cross-functional team at work, assuming a directive role. Members of her team exhibit various behaviors: • Tom speaks long and often • Robert tries to keep tensions low • Jim is
never prepared • Monica constantly complains • Kumar tries to make sure everyone is heard As they meet the first couple of times, Tom and Monica push to develop strategies to achieve their goal. Discuss the various negative and positive roles found in the group. In what ways can the negative roles be diminished? What stage is Tom and Monica trying to operate at, and what stages and work need done before strategies are developed?