The difference between the actual variable overhead rate and the standard variable overhead rate, multiplied by the actual amount of the cost driver, is the:
A. variable overhead volume variance.
B. variable overhead efficiency variance.
C. over- or underapplied variance.
D. variable overhead rate variance.
Answer: D
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Every communicator shares responsibility for ______ conversations.
Fill in the blank(s) with the appropriate word(s).
When we weigh the profits and costs of one relationship against those we might derive from another relationship, we are establishing which of the following?
A. comparative relations B. rewarding relationship C. personal revelations D. comparison level for alternatives
The Metro Construction Company had the following financial data as of December 31, 2018:
Cash and cash equivalents $120,000
Total current liabilities 80,000
a. What is the cash ratio as of December 31, 2018? Show the formula and your computations.
b. Comment on the cash ratio for Metro Construction Company.
A creditor protects her security interest in collateral against other creditors of the debtor and other third persons, including some buyers of the collateral, by perfecting the security interest.
Answer the following statement true (T) or false (F)