The average starting salary of this year's MBA students is $35,000 with a standard deviation of $5,000 . Furthermore, it is known that the starting salaries are normally distributed. What are the minimum and maximum starting salaries of the middle 95% of MBA graduates?
minimum = $25,200; maximum = $44,800
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Within the context of preparing formal reports and proposals, the term limitations refers to
A) the boundaries of your proposal, what you can and can't do. B) excuses for inadequate research or a poorly written report. C) factors beyond your control that have affected the report's outcome. D) the risks and rewards of a specific course of action. E) the costs and benefits of a specific course of action.
An unfavorable direct labor rate variance should be the responsibility of which department?
a. Production b. Human Resources c. Purchasing d. Handling e. None of the answers are correct.
Scheuer Corporation uses activity-based costing to compute product margins. In the first stage, the activity-based costing system allocates two overhead accounts-equipment expense and indirect labor-to three activity cost pools-Processing, Supervising, and Other-based on resource consumption. Data to perform these allocations appear below:Overhead costs: Equipment expense$55,000Indirect labor$7,000??Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools ProcessingSupervisingOtherEquipment expense0.100.700.20Indirect labor0.500.100.40Finally, sales and direct cost data are combined with Processing and Supervising costs to determine product margins.Activity: MHs (Machining)Orders (Order Filling)Product Q!1,000700Product
S619,0001,300Total20,0002,000Finally, sales and direct cost data are combined with Processing and Supervising costs to determine product margins.Sales and Direct Cost Data: Product Q1Product S6Sales (total)$134,600$186,300Direct materials (total)$76,000$64,800Direct labor (total)$40,800$78,400The activity rate for the Processing activity cost pool under activity-based costing is closest to: A. $0.28 per MH B. $5.00 per MH C. $0.45 per MH D. $3.10 per MH
In Lewis v. Heartland Inns of America, L.L.C., where Lewis sued for violation of her Title VII rights, contending that she was fired for not conforming to sex stereotypes and in retaliation for opposing discriminatory practices, the appeals court held that:
a. Heartland's proffered reason for Lewis's termination was pretextual and the district court's ruling forHeartland should be reversed b. Heartland's proffered reason for Lewis's termination was not pretextual and the district court's ruling againstHeartland should be reversed c. Heartland's proffered reason for Lewis's termination was not pretextual and the district court's ruling forHeartland should be reversed d. Heartland's proffered reason for Lewis's termination was sufficient explanation for her termination e. Lewis could not sue for sex discrimination since the person who fired her was also a woman