Negative feedback can occur in a variety of situations, serves as a corrective function, and is a form of which of the following types of feedback?
A. delayed
B. message-focused
C. low-monitored
D. evaluative
D. evaluative
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Expenses that change on a per-unit basis when production volume increases or decreases are known as ________
A) variable costs B) manufacturing overhead costs C) marketing and sales expenses D) indirect costs E) operating costs
A consignment deal would be an example of a(n) ________
A) unconditional contract B) sale or return contract C) sale or approval contract D) unequivocal contract
Which of the following products would have the lowest transporting costs as a percentage of the selling price?
A. manufactured food B. sand and gravel C. chemicals and plastics D. pharmaceuticals E. electronic equipment
Descamps Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateVariable manufacturing overhead0.20 hours$6.10 per hour?The company has reported the following actual results for the product for July: Actual output 4,200unitsActual direct labor-hours 780hoursActual variable overhead rate$6.20per hour?The variable overhead efficiency variance for the month is closest to:
A. $372 U B. $366 F C. $366 U D. $372 F