Leshem Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted variable manufacturing overhead$52,920 Budgeted production (a) 20,000unitsStandard hours per unit (b) 0.70machine-hoursBudgeted hours (a) × (b) 14,000machine-hours Actual production (a) 16,000unitsStandard hours per unit (b) 0.70machine-hoursStandard hours allowed for the actual production (a) × (b) 11,200machine-hours Actual variable manufacturing overhead$30,784 Actual hours 10,400machine-hoursThe variable overhead rate variance
is: (Round your intermediate calculations to 2 decimal places.)
A. $8,528 F
B. $9,184 U
C. $9,184 F
D. $8,528 U
Answer: A
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Why would the customer pyramid be more appropriate in identifying a customer's lifetime value than utilizing the traditional 80-20 rule?
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For every speech event a speaker should seek to determine all of the following EXCEPT
a. if honesty prevailed. b. if language was used ethically. c. if convictions were clearly expressed. d. if selfish interests were kept hidden.
A retailer's ability to understand and predict the effects of controllable and uncontrollable variables is enhanced by the use of marketing research
Indicate whether the statement is true or false
Victoria registered a trademark under the Lanham Act. Six years later Don noticed Victoria's trademark and filed a lawsuit to enjoin her from using it because he had used it in his home state, even though he hadn't registered it. Will Don prevail?
A)Yes. Victoria should have conducted a better search of trademarks registered under state laws. B)Yes. Federal law specifically states a federal trademark is not valid for any lawful owner of the same mark under state law. C)No. Don will not prevail and Victoria can continue to use the mark because of the time involved. D)No. But Don can register the mark after it has been 10 years since Victoria registered it because Victoria cannot renew it.