Ewing Corporation's controller has developed the cost and usage data listed below in preparation of standard unit cost information for the coming year. Direct materials quantity standard 3 pounds per product Direct labor time standard 5 hours per product Direct materials price standard $10 per pound Direct labor rate standard $ 9 per hour Standard variable overhead rate $ 5 per labor hour
Standard fixed overhead rate $10 per labor hour The total standard unit cost is
a. $105.
b. $150.
c. $260.
d. $34.
B
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Environmental influences are considered those things that are outside the control of the leader’s capabilities. Describe why you think the authors of the skills model of leadership included environmental influences in the model.
What will be an ideal response?
Why do capital investment decisions require consideration of the time value of money?
Refer to the data on Expected Demand for Weston Gadgets, Inc. For the various demand scenarios, if you applied the Laplace criterion, what is the payoff for the “build capacity” option?
a. $36.67 million
b. $20.67 million
c. $33.20 million
d. $41.55 million
Personal Wellness ? Jackie has been working for a local small business called Personal Wellness for the last three years. It is a retail business that sells sporting goods equipment. When she started to work there, she noticed several things that were possibly the cause of the business not doing as well as it hoped. Jackie has been thinking of starting her own small business because she feels she has learned much through working for Personal Wellness. ? Jackie's manager asked her to create a business plan for Personal Wellness. The manager hoped that this plan would put things into perspective to help the company do better. After creating the plan, Jackie suggested that Personal Wellness contact a group of senior and graduate students to provide management counseling for the company.
Jackie wants to make sure that her leaving does not become the cause of the company going under. Refer to Personal Wellness. Personal Wellness can be classified as operating in what type of industry? A. Service B. Production C. Manufacturing D. Distribution E. Wholesaling