Peterson Inc uses direct labor hours as the cost driver for variable overhead. Which of the following items does not need to be known, in order to calculate the variable overhead spending variance?
A) Actual overhead costs
B) Actual direct labor hours
C) Standard variable overhead rate per direct labor hour
D) Standard direct labor hours allowed
D
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Caterpillar markets are the most reliable farm equipment in the industry. This is an example of a:
A) differentiation strategy. B) market penetration strategy. C) market development strategy. D) cost-based strategy.
On January 16, Half Circle Company sold $5,000 of merchandise to Arnold, on account. Half Circle could not collect cash from Arnold and wrote off the account. Prepare a journal entry to record the write-off, assuming Half Circle uses the allowance method. Omit explanation.
What will be an ideal response?
The ideas and mental abilities that people learn through experiences can best be described as ______.
A. crystallized cognitive ability B. motivation C. career experiences D. general cognitive ability
15) What is a boundaryless career?
a) Upward progression of roles b) Subjective sense of where one’s work life is going c) Working as an expatriate d) Promotion based on skills gained in overseas experiences