If schedule variance is negative, it means it took longer to perform the activity than planned
Indicate whether the statement is true or false
TRUE
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In persuasive messages, limiting your scope
A) is less important than in other types of messages. B) reduces the likelihood that your audience will be convinced. C) is critical if your audience is to understand and accept your position. D) is unnecessary, since audiences expect these messages to be long. E) can reduce the effectiveness of your argument.
The lower-of-cost-or-market rule implies that it is unrealistic to carry inventory at a cost that is in excess of its market value
Indicate whether the statement is true or false
What is an advertising objective? What are the three primary types of advertising objectives?
What will be an ideal response?
Mahon Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: CastingCustomizingMachine-hours 18,000 14,000Direct labor-hours 2,000 7,000Total fixed manufacturing overhead cost$124,200$68,600Variable manufacturing overhead per machine-hour$1.90 Variable manufacturing overhead per direct labor-hour $3.80 During the current month the company started and finished Job T138. The following data were
recorded for this job: Job T138:Casting CustomizingMachine-hours70 30Direct labor-hours10 60 The amount of overhead applied in the Customizing Department to Job T138 is closest to: A. $95,200.00 B. $816.00 C. $588.00 D. $228.00