Which of the following is the name of a form providing standard quantities of inputs required to produce a unit of output and the standard prices for the inputs?

A. Master budget
B. Variance account
C. Standard cost sheet
D. Static budget


Answer: C

Business

You might also like to view...

A convertible bond is one where

a. the issuer can convert from a fixed interest rate to a floating one. b. the issuer can convert it from long-term to short-term. c. the issuer can retire the bond before its specified due date. d. the holder can convert the bond into common stock at a future time.

Business

Explain how technology can help employers cope with the loss of knowledge when employees leave.

What will be an ideal response?

Business

Boggess Corporation manufactures numerous products, one of which is called Alpha41. The company has provided the following data about this product:    Unit sales (a) 120,000 Selling price per unit$86.00 Variable cost per unit 57.00 Contribution margin per unit (b)$29.00 Total contribution margin (a) × (b)$3,480,000 Traceable fixed expense 3,150,000 Net operating income$330,000 ?Management is considering increasing the price of Alpha41 by 10%, from $86.00 to $94.60. The company's marketing managers estimate that this price hike would decrease unit sales by 20%, from 120,000 units to 96,000 units. Assuming that the total traceable fixed expense does not change, what net operating income will product Alpha41 earn at a price of $94.60 if this sales forecast is correct? 

A. $1,362,00 B. $4,512,000 C. $459,600 D. $3,609,600

Business

Which of the following is not a step in consumer decision making?

a. Problem recognition. b. Information search. c. Pre-purchase evaluation. d. Purchase. e. Post-purchase evaluation.

Business