A debt contract is more likely to be incentive compatible if
A) the company must follow standard accounting principles.
B) the funds are provided by a venture capital firm.
C) owners of the firm have more of their own money in the business.
D) all of the above.
E) only B and C.
C
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Highfill Corporation's variable overhead is applied on the basis of direct labor-hours. The standard cost card for product D80D specifies 6.4 direct labor-hours per unit of D80D. The standard variable overhead rate is $6.60 per direct labor-hour. During the most recent month, 1100 units of product D80D were made and 7200 direct labor-hours were worked.The actual variable overhead incurred was $50,910.Required:a. What was the variable overhead rate variance for the month?b. What was the variable overhead efficiency variance for the month?(Input all amounts as positive values.)a.Variable overhead rate variance??b.Variable overhead efficiency variance??
What will be an ideal response?
Explain the impact of culture in customer interaction and service.
What will be an ideal response?
When the manufacturing department cut waste by 10%, the organization paid each member of the department $500 (a portion of the savings) as a part of the organization’s ______ program.
A. profit sharing B. gainsharing C. employee stock ownership plan D. stock option
Marketing expenses for which among the following products are more likely to vary widely
month after month? A) children's toys B) timber C) industrial spares D) iron ore