Information on Shonda Company's factory overhead costs follows: Actual variable factory overhead $95,000 Actual fixed factory overhead $28,000 Standard hours allowed for actual production 30,000 Standard variable overhead rate per direct labor hour $3.25 Standard fixed overhead rate per direct labor hour $1.00 What is the net factory overhead variance?
a. $4,500 unfavorable
b. $4,500 favorable
c. $2,500 unfavorable
d. $2,500 favorable
b
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Suppose your bank lowers its minimum balance requirement by $500. So you take $500 out of your checking account and put it into a money market deposit account. What is the overall effect on M1 and M2?
A. M1 falls by $500, M2 rises by $500. B. M1 is unchanged, M2 is unchanged. C. M1 falls by $500, M2 is unchanged. D. M1 is unchanged, M2 rises by $500.
With trade, a country will maximize its satisfaction when it
a. moves to the highest possible indifference curve. b. forces the marginal rate of substitution to its lowest possible value. c. consumes more of both goods than it does in autarky. d. finds its marginal rate of substitution exceeding its marginal rate of transformation.
A researcher should use questions with positive statements only to avoid problems with question wording
Indicate whether the statement is true or false
Why would the following code raise an error?IF rec_order.state = 'VA' THEN lv_tax_num := rec_order.sub * .06;ELSEIF rec_order.state = ‘ME' THEN lv_tax_num := rec_order.sub * .05;ELSE lv_tax_num := rec_order.sub * .04;END IF;
A. Semicolon after THEN is omitted B. No space between ELSE and IF C. ELSEIF is not a keyword D. ":=" should be "="