Any project deemed acceptable using the discounted payback period will also be acceptable if
using the traditional payback period.
Indicate whether the statement is true or false
TRUE
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Salespeople trying to gather general information about their own company may be LEAST interested in learning about:
A. service facilities B. production facilities C. policies and procedures D. company growth and accomplishment E. architectural details of the company's building
How would you explain to a new paralegal the importance of proofing and editing her legal writing?
What will be an ideal response?
Pippin 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 RateDirect materials 5.0grams$7.00per gramDirect labor 0.30hours$21.30per hourVariable manufacturing overhead 0.30hours$9.60per hour?The company has reported the following actual results for the product for June: Actual output 8,500unitsRaw materials purchased 48,100gramsActual price of raw materials$7.70per gramRaw materials used in production 42,490gramsActual direct labor-hours 2,300hoursActual direct labor rate$21.70per hourActual variable overhead rate$9.80per hour?The variable overhead rate variance for the
month is closest to: A. $460 F B. $460 U C. $510 U D. $510 F
The following data for November have been provided by Hunn Corporation, a producer of precision drills for oil exploration: Budgeted production 3,700 drillsStandard machine-hours per drill 9.0 machine-hoursStandard indirect labor$8.80 per machine-hourStandard power$2.40 per machine-hour Actual production 3,900 drillsActual machine-hours 35,350 machine-hoursActual indirect labor$313,923 Actual power$83,310 Required:Compute the variable overhead rate variances for indirect labor and for power for November. Indicate whether each of the variances is favorable (F) or unfavorable (U).
What will be an ideal response?