Rentokil Initial has developed an extensive product range that includes all of the following EXCEPT _________
a. package delivery
b. interior plants landscaping
c. uniform rental and cleaning
d. washroom attendant service
e. mobile paper shredding service
e
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The supplier relationship process selects the suppliers of services, materials and information, while the order fulfillment process facilitates the timely and efficient flow of these items into the firm
Indicate whether the statement is true or false
Explain what beta measures and how investors can use beta
What will be an ideal response?
Bolander Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:Total machine-hours70,000Total fixed manufacturing overhead cost$294,000Variable manufacturing overhead per machine-hour$2.30Recently, Job M825 was completed with the following characteristics:Number of units in the job20Total machine-hours80Direct materials$665Direct labor cost$1,840The predetermined overhead rate is closest to:
A. $6.50 per machine-hour B. $4.20 per machine-hour C. $2.30 per machine-hour D. $8.80 per machine-hour
Bumgardner Inc. has provided the following data concerning one of the products in its standard cost system.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materials8.0 liters$5.00 per literThe company has reported the following actual results for the product for April: Actual output 7,400unitsRaw materials purchased 65,400litersActual price of raw materials$5.70per literRaw materials used in production 59,210litersThe raw materials price variance for the month is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $41,447 U B. $41,447 F C. $45,780 F D. $45,780 U