Suppose the average tread-life of a certain brand of tire is 42,000 miles and that this mileage follows the exponential probability distribution
What is the probability that a randomly selected tire will have a tread-life between 30,000 and 50,000 miles?A) 0.1854
B) 0.2719
C) 0.5105
D) 0.6959
A
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Miguez Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Cost Per UnitDirect materials 2.3liters$7.00per liter$16.10 Direct labor 0.7hours$22.00per hour$15.40 Variable overhead 0.7hours$2.00per hour$1.40 The company budgeted for production of 2,600 units in September, but actual production was 2,500 units. The company used 5,440 liters of direct material and 1,680 direct labor-hours to produce this output. The company purchased 5,800 liters of the direct material at $7.20 per liter. The actual direct labor rate was $24.10 per hour and the actual variable overhead rate was $1.90 per hour.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 variable overhead rate variance for September is: A. $175 F B. $168 F C. $168 U D. $175 U
For each of the following responsibility centers, state the typical focus of the responsibility report and briefly discuss the focus.
A job offer is never extended by phone or in writing.?
Indicate whether the statement is true or false
Discuss the challenges of understanding the applicability of OD and practicing OD are especially challenging in a global environment.
What will be an ideal response?