Direct materials cost that varies with the number of units produced is an example of a fixed cost of production
Indicate whether the statement is true or false
False
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Hierarchical order means listing people's names in a memo according to their degree of importance to the organization
Indicate whether the statement is true or false
Which of the following punctuation marks is used to end sentences?
A. Comma B. Exclamation point C. Semicolon D. Colon
A financing statement is filed to protect the
a. debtor. b. creditor. c. public. d. creditor and the public.
Handerson Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateDirect materials 8.5kilos$6.00per kiloDirect labor 0.4hours$20.00per hourVariable overhead 0.4hours$6.00per hour?The company reported the following results concerning this product in August. Actual output 3,200unitsRaw materials used in production 29,030kilosPurchases of raw materials 31,600kilosActual direct labor-hours 1,160hoursActual cost of raw materials purchases$195,920 Actual direct labor cost$22,736 Actual variable overhead cost$7,540 ?The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.?The materials price variance for August is:
A. $5,440 U B. $6,320 U C. $5,440 F D. $6,320 F