Margin of safety is the excess of actual sales over break even sales
Indicate whether the statement is true or false
T
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Which of the following terms is defined as the set of values that helps an organization's members understand what it stands for, how it does things, and what it considers important?
A. Culture B. Diversity C. Ethnicity D. Folkway
Milar Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateDirect materials 7.7pounds$4.00per poundDirect labor 0.1hours$20.00per hourVariable overhead 0.1hours$4.00per hour?In January the company produced 2,000 units using 16,060 pounds of the direct material and 210 direct labor-hours. During the month, the company purchased 16,900 pounds of the direct material at a cost of $65,910. The actual direct labor cost was $4,473 and the actual variable overhead cost was $756.?The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.?The variable overhead efficiency variance for January is:
A. $40 U B. $36 U C. $40 F D. $36 F
Fact Pattern 14-1BGert contracts to sell two tracts of land to Hank. Both parties believe that the two tracts are adjacent, but in fact they are not. Gert is still willing to sell the land, but under these circumstances the deal would adversely affect Hank.Refer to Fact Pattern 14-1B. Because of the parties' belief about the adjacency of the property, their contract is
A. unavoidable. B. unconscionable. C. unenforceable. D. voidable.
Which of the following is not a type of effectiveness IT metric?
A. Customer satisfaction. B. Conversion rates. C. Financial. D. Web traffic.