Which of the following could save a smaller proportion of their earnings to achieve the same level of wealth as the others?
A) Social workers
B) School teachers
C) Medical doctors
D) All would save the same percentage of earnings to reach the same level of wealth
Answer: C
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Indicate whether the statement is true or false
The book value per share of common stock measures
a. liquidity. b. profitability. c. equity position and coverage. d. efficiency.
What are the differences between quantitative and qualitative forecasting methods?
What will be an ideal response?
Miguez Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Cost Per UnitDirect materials 2.3liters$7.00per liter$16.10 Direct labor 0.7hours$22.00per hour$15.40 Variable overhead 0.7hours$2.00per hour$1.40 ?The company budgeted for production of 2,600 units in September, but actual production was 2,500 units. The company used 5,440 liters of direct material and 1,680 direct labor-hours to produce this output. The company purchased 5,800 liters of the direct material at $7.20 per liter. The actual direct labor rate was $24.10 per hour and the actual variable overhead rate was $1.90 per hour.?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 labor efficiency variance for September is: A. $1,540 F B. $1,687 F C. $1,687 U D. $1,540 U