A flexible and reliable information system needs ________ that satisfy the specific requirements of the structural modeling
A) programmers
B) analysts
C) building blocks
D) resources
C
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Communities of customers, product enthusiasts or others linked through social media who engage in online discussions are good sources of information from the community
Indicate whether the statement is true or false.
Depreciation Expense-Equipment is an example of a contra account
Indicate whether the statement is true or false
Trevorrow Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During June, the company budgeted for 5500 units, but its actual level of activity was 5460 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for June:Data used in budgeting: Fixed element per monthVariable element per unitRevenue - $28.00? Direct labor$0 $3.50?Direct materials 0 9.60?Manufacturing overhead 38,600? 1.20?Selling and administrative expenses 24,200? 0.30?Total expenses$62,800? $14.60??Actual results for June: Revenue$158,886?Direct labor$18,578?Direct materials$50,166?Manufacturing
overhead$45,057?Selling and administrative expenses$25,933??The overall revenue and spending variance (i.e., the variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for June would be closest to: A. $8788 F B. $8252 F C. $8788 U D. $8252 U
Acme, Inc., produces widgets. To manufacture a new type of widget, it took 30 hours for the first widget. Acme estimates it has a 92% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 26th widget.
a. 11.05 hours b. 21.90 hours c. 28.96 hours d. 20.28 hours