Trend analysis requires the establishment of a base year for comparison purposes
Indicate whether the statement is true or false
True
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If the wage rate paid per hour differs from the standard wage rate per hour for direct labor, the variance is termed:
A) variable variance B) rate variance C) quantity variance D) volume variance
Premium on Bonds Payable is an adjunct liability account, as it increases the carrying value of the bond.
Answer the following statement true (T) or false (F)
Which of the following is an incorrect statement regarding an economic strike?
A) An economic strike is a protected activity. B) As a general rule, once an economic strike is over, strikers are entitled to return to their jobs. C) Employers are not allowed to fill economic strikers' jobs while the strike is taking place. D) If permanent replacement workers are hired, strikers are not entitled to return to their jobs.
Stokan Products, Inc., has a Antennae Division that manufactures and sells a number of products, including a standard antennae that could be used by another division in the company, the Aircraft Products Division, in one of its products. Data concerning that antennae appear below: Capacity in units 86,000Selling price to outside customers$63Variable cost per unit$22Fixed cost per unit (based on capacity)$18?The Aircraft Products Division is currently purchasing 5,000 of these antennaes per year from an overseas supplier at a cost of $57 per antennae.?What is the maximum price that the Aircraft Products Division should be willing to pay for antennaes transferred from the Antennae Division?
A. $18 per unit B. $22 per unit C. $40 per unit D. $57 per unit