For ERP implementations, it is best if the ________ is composed of people with a wide variety of IT and business skills

A) consulting team
B) development team
C) management team
D) technical group
E) change management group


B

Business

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Ridgeline Bank provides Stanley with a mortgage to buy a home. The rate of interest is fixed for three years and then adjusts annually. This is

A. a fixed-rate mortgage. B. an adjustable-rate mortgage. C. an interest-only mortgage. D. a violation of the law.

Business

Pooler Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.15 direct labor-hours. The direct labor rate is $7.00 per direct labor-hour. The production budget calls for producing 6,500 units in April and 6,200 units in May. The company guarantees its direct labor workers a 40-hour paid work week. With the number of workers currently employed, that means that the company is committed to paying its direct labor work force for at least 1,000 hours in total each month even if there is not enough work to keep them busy. What would be the total combined direct labor cost for the two months?

A. $13,825.00 B. $14,000.00 C. $13,510.00 D. $13,335.00

Business

Why do intra-entity transfers between the component companies of a business combination occur so frequently?

What will be an ideal response?

Business

Valera Corporation makes a product with the following standards for labor and variable overhead: Standard Quantity or HoursStandard Price or RateStandard Cost Per UnitDirect labor 0.4hours$21.00per hour$8.40 Variable overhead 0.4hours$6.00per hour$2.40 The company budgeted for production of 5,300 units in July, but actual production was 5,400 units. The company used 2,130 direct labor-hours to produce this output. The actual variable overhead rate was $6.10 per hour. The company applies variable overhead on the basis of direct labor-hours.The variable overhead efficiency variance for July is:

A. $183 U B. $183 F C. $180 F D. $180 U

Business