The computer program that uses English words to represent processing functions is
A. COBOL.
B. AUTOCODER.
C. PL/1.
D. SPS.
A
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Net income for the year was $45,500 . Accounts receivable increased $5,500, and account payable increased by$11,200 . Under the indirect method, the cash flow from operations is
a. $51,200 b. $45,500 c. $62,200 d. $28,800
The total overhead cost variance is the difference between what actual overhead cost is and what it should have cost according to the flexible budget for the good units produced
Indicate whether the statement is true or false
Angie Manufacturing uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of standard machine-hours. At standard, each unit of product requires one machine-hour to complete. The standard variable overhead is $1.75 per machine-hour and Budgeted Fixed Manufacturing Costs are $300,000 per year. The denominator level of activity is 150,000 machine-hours, or 150,000 units. Actual data for the year were as follows: Actual variable overhead cost$211,680 Actual fixed manufacturing overhead cost$315,000 Actual machine-hours 126,000 Units produced 120,000 Required:a. What are the predetermined variable and fixed manufacturing overhead rates for the year?b. Compute the variable overhead rate and efficiency variances for the year.c.
Compute the fixed manufacturing overhead budget and volume variances for the year. What will be an ideal response?
Who developed one of the early versions of a comprehensive view of corporate social responsibility and reiterated the opinion that social performance review should include a comprehensive assessment of actions related to the most social issues and stakeholders?
a. Schwartz and Gibb (2009) b. Carroll (2000) c. Hutchins and Sutherland (2008) d. Rowley (2000)