Madrid Co. has a direct labor standard of 4 hours per unit of output. Each employee has a standard wage rate of $11 per hour. During February, Madrid Co. paid $99,500 to employees for 9,150 hours worked. 2,400 units were produced during February. What is the direct labor rate variance?
A. $302 favorable
B. $6,100 favorable
C. $1,150 favorable
D. $4,950 favorable
Answer: C
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Identify the country which pioneered cellular manufacturing?
a. Russia b. United States c. Germany d. Britain
____ allows companies to focus on their core competencies, by contracting with another company to provide products or services that are not a part of the first company’s core activities.
a. Supply chain management b. Centralization c. Decentralization d. Outsourcing
Rupert is a victim of Sara's violation of a criminal law. Criminal law is con-cerned with
A) the prosecution of private individuals by other private individuals. B) the prosecution of public officials by private individuals. C) the relief available when a person's rights are violated. D) wrongs committed against the public as a whole.
Sherrie sold about $800 worth of produce last weekend at a Farmer's Market, but it was sunny and warm both days. This Saturday and Sunday are both supposed to be rainy, so she thinks fewer people will attend. She estimates she'll only sell about 3/4 of her total for last time, or $600. This is an example of a(n)
A. lost-cause forecast B. indirect forecast C. lost-horse forecast D. direct forecast E. incremental forecast