The percentage of companies using some form of variable pay is declining because many employees prefer base wages.
Answer the following statement true (T) or false (F)
False
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________ is an approach to factor analysis that estimates the factors based only on the common variance
A) Principal components analysis B) Common factor analysis C) Omega method D) Unweighted least squares
The entrepreneurial founder of Durango, Phil Handley, had experience in the Air Force and ___________ in professional pilot training
Fill in the blank(s) with correct word
Eisentrout Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: MachiningCustomizingMachine-hours 16,000 11,000Direct labor-hours 2,000 6,000Total fixed manufacturing overhead cost$104,000$56,400Variable manufacturing overhead per machine-hour$2.10 Variable manufacturing overhead per direct labor-hour $3.30During the current month the company started and finished Job T272. The following data
were recorded for this job:Job T272:MachiningCustomizingMachine-hours 60 30Direct labor-hours 10 60The amount of overhead applied in the Machining Department to Job T272 is closest to: (Round your intermediate calculations to 2 decimal places.) A. $516.00 B. $137,600.00 C. $126.00 D. $564.00
Budgetary slack occurs when managers intentionally overstate expected revenues or understate expected expenses
Indicate whether the statement is true or false