Polaco Corporation makes a product that has the following direct labor standards: Standard direct labor-hours 0.4hours per unitStandard direct labor rate$24.00per hour?In May the company produced 8,500 units using 3,220 direct labor-hours. The actual direct labor rate was $22.10 per hour.?The labor rate variance for May is:
A. $6,460 F
B. $6,118 F
C. $6,118 U
D. $6,460 U
Answer: B
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Tech Engineering Company is considering the purchase of a new machine to replace an existing one. The current market value of the old machine is $14,000 and its book value is $5,000. The new machine's cost is $30,000. If the tax rate is 40%, the initial investment outlay for the new machine is _____.
A. $19,600 B. $30,000 C. $14,000 D. $16,000 E. $36,000
Currently, XML is the only Web Services software standard
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
The less precise levels of measurement contain all of the qualities of the scales above them.
The second step in segmenting and targeting markets that link customer needs to marketing actions is to
A. group potential buyers into segments. B. take marketing actions to reach target markets. C. develop a market-product grid and estimate size of the overall market. D. select target markets. E. group products to be sold into categories.