An agent is not required to keep which of the following information confidential?

a. Unique business methods.
b. Customer lists.
c. Information that his or her principal is engaged in criminal activity.
d. Business plans.


c

Business

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How should an efficiency variance that is material in amount be treated at the end of an accounting period?

a. Reported as a deferred charge or credit b. Allocated among work in process inventory, finished goods inventory, and cost of goods sold c. Charged or credited to cost of goods manufactured d. Allocated among cost of goods manufactured, finished goods inventory, and cost of goods sold

Business

Myers Manufacturing uses a standard cost system. The allocation base for overhead costs is direct labor hours. Standard and actual data for manufacturing overhead are as follows:

Variable overhead allocation rate: $30 per direct labor hour Fixed overhead allocation rate: $10 per direct labor hour Actual overhead incurred (variable and fixed): $45,600 Standards for direct labor are as follows: Hours per unit 0.5, Direct labor cost per hour $18.00 Actual direct labor for the month: 1,200 hours for a total cost of $24,000 Actual and planned production for the month: 3,000 units Prepare the journal entry to allocate overhead cost (both variable and fixed) to production.

Business

Which statement is true about women and leadership?

A. women are less effective leaders compared with men B. women are not in high level leadership positions C. women are underrepresented in elite leadership positions D. women all lead differently than men

Business

The average American adult spends twice as much time-consuming media than time spent at work.

Answer the following statement true (T) or false (F)

Business