The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows: Standard: 25,000 hours at $10 $250,000 Actual: Variable factory overhead 202,500 Fixed

factory overhead 60,000 What is the amount of the factory overhead volume variance?
A) $12,500 favorable
B) $10,000 unfavorable
C) $12,500 unfavorable
D) $10,000 favorable


B

Business

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The Americans with Disabilities Act requires businesses to make accommodations for the disabled, no matter what the cost

a. True b. False

Business

Scenario 4.2 Use the following to answer the questions. Colin Jackson recently purchased Blue Waters Adventures, a kayak and canoeing rental business near the Chatsworth River in Arizona. Blue Waters Adventures had been in operation for five years and was located in an ideal area. Even though the winters in the area can be cold, kayaking and canoeing activities are generally popular year-round. After two months of operation, it became clear why the previous owners had sold the business. While the business appeared to be ideally located, sales were extremely disappointing. Refer to Scenario 4.2. Colin decided to apply some of the things he had learned in his marketing research class to his business. The first thing he should do is to ___________ which will help him ______.

A. develop a questionnaire; collect the necessary data B. identify a sample frame; contact the appropriate respondents C. define the problem to be researched; determine his data needs D. conduct store exit interviews; give him an idea of the problem E. collect secondary data; contact the appropriate respondents

Business

Perfectly ________ correlated series move exactly together and have a correlation coefficient of ________, while perfectly ________ correlated series move exactly in opposite directions and have a correlation coefficient of ________

A) negatively; -1; positively; +1 B) negatively; +1; positively; -1 C) positively; -1; negatively; +1 D) positively; +1; negatively; -1

Business

A channel leader is also called a(n):

A. intermediary leader B. channel captain C. channel facilitator D. distribution supervisor E. channel gatekeeper

Business