Joint costs are also referred to as common cost
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True
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Triton Corporation's direct labor costs for the month of December are as follows:
Actual direct labor hours 6,000 Standard direct labor hours 5,000 Direct labor rate variance-favorable $900 Total payroll $48,000 What was Triton's direct labor efficiency variance (round all answers to the nearest whole cent)?
a.$9,780 favorable b.$9,600 favorable c.$ 8,150 unfavorable d.$9,600 unfavorableWhat is the difference between the vacation benefits for workers offered by the United States and those offered by European countries?
A) The United States offers employees typically up to two weeks of vacation benefits, whereas European countries do not allow employees more than a week's vacation time. B) Employers in most European nations grant vacation benefits to workers but workers in the United States are not allowed any vacation benefits. C) Unlike the United States, most European nations mandate a minimum amount of annual vacation time for employees. D) European countries mandate that employees must work on public holidays to compensate for their vacation, whereas in the United States, workers are granted a minimum paid vacation time.
Wilderness Adventure Vacation Company will issue 20-year, semiannual bonds with a 9.0% coupon rate and a $1,000 par value. Bonds of similar risk and maturity are currently selling to yield 10.0% in the marketplace
What is the market price of one of the firm's new bonds? If the investment banking firm working with the firm receives a best-efforts commission of 2.0% per bond sold, how much money will it make if the issue sells only 80% of the 5,000 bonds offered? Use a financial calculator to determine your answer. What will be an ideal response?
Most private pension plans are insured by the Penny Benny, which pays benefits when a plan's sponsor goes bankrupt
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