The ___________________________________ is a self-regulatory agency that screens national advertisements for honesty.
Fill in the blank(s) with the appropriate word(s).
National Advertising Review Board
NARB
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Miguez Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Cost Per UnitDirect materials 2.3liters$7.00per liter$16.10 Direct labor 0.7hours$22.00per hour$15.40 Variable overhead 0.7hours$2.00per hour$1.40 The company budgeted for production of 2,600 units in September, but actual production was 2,500 units. The company used 5,440 liters of direct material and 1,680 direct labor-hours to produce this output. The company purchased 5,800 liters of the direct material at $7.20 per liter. The actual direct labor rate was $24.10 per hour and the actual variable overhead rate was $1.90 per hour.The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed
when the materials are purchased.The variable overhead efficiency variance for September is: A. $140 U B. $140 F C. $133 U D. $133 F
Jen is a member of a team within her company that needs to solve the problem of why their customer base is decreasing. The team is small, with only seven members, including her. After Jen’s boss gives the team their assignment, they begin to determine why their customer base is shrinking. They decide to make a diagram. Jen’s group is using which organizational development intervention?
a. process consultation b. survey feedback c. forcefield analysis d. work design
Describe each of the following as either a product or period cost. a. factory depreciation f. direct materials b. indirect labor g. indirect materials c. administrative salaries h. advertising d. direct labor i. factory insurance e. utilities used in the factory j. utilities used in the administrative offices
In the summer of 2002 the euro was valued at slightly less than US$1. By 2008, it had risen to an all-time high of $1.60, but in early 2016, the euro and the dollar were nearly equivalent. This change in value is called
A. foreign currency fluctuations. B. interest destabilization. C. inflation. D. global financial impact. E. recession.