Which of the following is defining values and subsystems that are the basis of a strong culture?
A. involvement
B. adaptability
C. mission
D. consistency
D. consistency
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A ______ represents an "educated guess" about what must be done in the long term for survival or the prosperity of the organization or its principal parts.
A. trend analysis B. mission C. strategy D. forecast E. contingency plan
The use of additional evidence distinguishes the motion for summary judgment from the motion for judgment on the pleadings
Indicate whether the statement is true or false
Business and organizational customers are selective buyers who buy for the sole purpose of resale.
Answer the following statement true (T) or false (F)
Fabert Incorporated makes a single product--a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below:?Budgeted (Planned) Overhead:???Budgeted variable manufacturing overhead$25,900??Budgeted fixed manufacturing overhead$47,200??????Budgeted production (a)20,000 units?Standard hours per unit (b)0.50 labor-hours?Budgeted hours (a) × (b)10,000 labor-hours?????Applying Overhead:???Actual production (a)24,000 units?Standard hours per unit (b)0.50 labor-hours?Standard hours allowed for the actual production (a) ×
(b)12,000 labor-hours?????Actual Overhead and Hours:???Actual variable manufacturing overhead$27,248??Actual fixed manufacturing overhead$34,200??Actual hours13,100 labor-hoursRequired:a. Determine the variable overhead rate variance for the year.b. Determine the variable overhead efficiency variance for the year.c. Determine the fixed overhead budget variance for the year.d. Determine the fixed overhead volume variance for the year. What will be an ideal response?