Three workers complete a full 8-hour day finishing concrete for a terrace. All three workers are paid $12 an hour and the job bills to the customer for $450. What are the total direct labor costs?
A) $450
B) $12
C) $288
D) $96
C
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Companies feel compelled to look for quantifiable marketing techniques because
A) the government is increasing regulation of advertising and public relations. B) traditional media connectors are largely unreliable. C) not everything a company does is newsworthy. D) the effects of communication are not quantifiable. E) price pressure, global competition, and investor demands are escalating.
On loans that are locked in at an interest rate, there is zero tolerance for errors in disclosures on the GFE
Indicate whether the statement is true or false
A business owner is comparing sales between each of his three business locations for the month of July. He finds that sales from Store #3 had a z-score of 2.5. Which of these would accurately describe scores from Store #3?
a. far below the mean b. slightly below the mean c. slightly above the mean d. far above the mean
TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaster has established the following standards for the prime costs of one unit of product. Standard StandardStandard Quantity PriceCostDirect Materials 8pounds $1.80per pound $14.40 Direct Labor 0.25hour $8.00per hour 2.00 $16.40 During November, TaskMaster purchased 160,000 pounds of direct materials at a total cost of $304,000. The total factory wages for November were $42,000, 90% of which were for direct labor. TaskMaster manufactured 19,000 units of product during November using 142,500 pounds of direct materials and 5,000 direct labor hours. Is the direct labor efficiency variance favorable or unfavorable?
A. Unfavorable B. Favorable