If a firm is producing near current capacity, they may consider which reason for outsourcing?
a. Lower cost
b. Insufficient capacity
c. Lack of technology or expertise
d. Better quality
b. Insufficient capacity
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Cost standards for one unit of product no. C77:Direct material3 pounds at $2.50 per pound$7.50 Direct labor5 hours at $7.50 per hour 37.50 Actual results: Units produced7,800 units Direct material purchased26,000 pounds at $2.70$70,200 Direct material used23,100 pounds at $2.70 62,370 Direct labor40,100 hours at $7.30 292,730 Assume that the company computes variances at the earliest point in time.The direct-labor efficiency variance is:
A. $8,000F. B. $8,250U. C. $8,250F. D. $8,000U. E. None of the answers is correct.
In 2015, Moana purchased land for $99,500 for use in her business. She sold it in 2018 for $115,900. What is the gain on the sale before any netting?
A. $16,400 Section 1245 gain. B. $16,400 ordinary income. C. $16,400 Section 1231 gain. D. $16,400 Section 1250 gain.
A vacuum cleaner repair shop that called recent customers to ask if the people who waited on them were friendly and courteous, if the cleaner had been clean when it was returned to them and if they had any trouble finding the new store is collecting feedback on ________ measurements.
A. Informal B. Hard C. Basic D. Formal E. Soft
What are websites that rely on user participation and user-contributed content, such as Facebook, LinkedIn, and YouTube?
A. Social networking B. Synchronous communication C. Asynchronous communication D. Social media