________ convert materials into products in considerable volume for others to sell to the ultimate consumer.
A. Telecommuters
B. Wholesalers
C. Producers
D. Retailers
Answer: C
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When one listens to negative feedback, there is a tendency to ______.
a. stop and ask for positive feedback b. immediately answer with excuses or counter-information c. get up and leave the room d. ask for more
In recent years, the position of press secretary has increasingly been awarded to top lobbyists
Indicate whether the statement is true or false
A tracking signal greater than zero and a mean absolute deviation greater than zero imply that the forecast has:
A) no bias and no variability of forecast error. B) a nonzero amount of bias and a nonzero amount of forecast error variability. C) no bias and a nonzero amount of forecast error variability. D) a nonzero amount of bias and no variability of forecast error.
Kellems Corporation manufactures one product. It does not maintain any beginning or ending Work in Process inventories. The company uses a standard cost system in which inventories are recorded at their standard costs and any variances are closed directly to Cost of Goods Sold. The company has provided the following information: Actual sales 17,100unitsActual selling price$26.60per unitStandard cost$21.20per unitActual selling and administrative expenses$60,000 The company does not have any variable manufacturing overhead costs and it recorded the following variances during the year: Materials price variance$2,340FMaterials quantity variance$500ULabor rate variance$942FLabor efficiency variance$6,300FFixed manufacturing overhead budget variance$16,600FFixed manufacturing
overhead volume variance$7,980UThe adjusted Cost of Goods Sold after closing all of the variances to Cost of Goods Sold will be closest to: A. $380,222 B. $344,818 C. $472,562 D. $362,520