In a Gantt chart tasks are listed __________ and the project's timeframe is listed ____________.
A. Vertically, horizontally.
B. Horizontally, vertically.
C. Vertically, vertically.
D. Horizontally, horizontally.
A. Vertically, horizontally.
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Which ethical principle asks you to consider the impact of your decision if the principles underlying your decision became an organizing principle of the entire society?
A. the Golden Rule B. Risk Aversion C. the Slippery Slope D. the Social Contract Rule
The factors of production include
a. natural resources b. labor c. government assistance d. entrepreneurship e. all of the above
The ________ is a model that links strategy analysis, strategy formulation, and strategy implementation, which together helps managers plan and implement a strategy that can improve performance and result in competitive advantage.
A. Ansoff's growth strategy matrix B. AFI strategy framework C. stakeholder impact analysis D. Sarbanes-Oxley Act
Quinton Company has set the following standards for one unit of product: Direct materialQuantity: 6.2 pounds per unitPrice per pound: $11 per poundDirect laborQuantity: 6 hours per unitRate per hour: $23 per hourActual costs incurred in the production of 2,800 units were as follows: Direct material: $194,350 ($11.50 per pound) Direct labor: $393,750 ($22.50 per hour) All materials purchased were consumed during the period.Required: Calculate the direct-material price and quantity variances, and the direct-labor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable.
What will be an ideal response?