According to the "General Model of Job Design" perceived job content leads to job performance.
Answer the following statement true (T) or false (F)
True
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An entity's physical count of inventories was lower than the inventory quantities shown in its perpetual records. This situation could be the result of the failure to record:
A. sales. B. purchases. C. sales returns. D. purchase discounts.
Current auditing standards do not require the confirmation of receivables if accounts receivable are not material
a. True b. False Indicate whether the statement is true or false
The Tidle Manufacturing Company uses a job order cost system. Factory wages are paid on a straight hourly basis with indirect labor getting $8.50 an hour and direct labor getting $10.00 an hour. During the week of January 7, the following hours were worked: Direct Indirect Cutting Department 2,200 250 Splicing Department 2,400 200 Sanding Department 1,850 125 Joining Department 4,250 325 Salaries
and wages are paid weekly, with administrative salaries totaling $16,500 and salesperson's salaries totaling $12,200. The following deductions are to be considered: FICA tax 8.0% Federal income tax 12.0% State income tax 2.0% Federal unemployment tax 1.0% State unemployment tax 5.0% Prepare journal entries to record: a. The payroll. b. The payment of the payroll. c. The payroll distribution. d. The employer's payroll tax expense.
The standard materials cost to produce 1 unit of Product R is 6 pounds of material at a standard price of $50 per pound. In manufacturing 8,000 units, 47,000 pounds of material were used at a cost of $51 per pound. What is the direct materials quantity variance?
A. $50,000 favorable. B. $47,000 favorable. C. $50,000 unfavorable. D. $47,000 unfavorable. E. $3,000 favorable.