What does the variable overhead cost variance measure?
What will be an ideal response
The variable overhead cost variance measures how well the business keeps unit costs of variable overhead inputs within standards.
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Research data on Mumford et al.’s model was tested on military personnel. which of the following is true?
A. the model can be effectively applied to leadership skills in small organizations B. the model can be effectively applied to leadership skills in large organizations C. the model cannot be effectively applied to leadership skills in startup businesses D. the model can be effectively applied to leadership skills in startup businesses
Maintaining a network of outside contacts and alliances that provide information and favors represents a ________ managerial role.
A. leader B. monitor C. liaison D. negotiator E. spokesperson
On June 1, Delaware Co. had one unit in beginning inventory that cost $10.00. During June, Delaware paid cash to purchase two additional inventory items. Delaware purchased the first item for cash at a cost of $10.00, and the second at a cost of $12.00. Delaware Co. sold two inventory items for $24.00 each, receiving cash. Based on this information alone, indicate whether each of the following items is true or false. ________ a) The amount of ending inventory will be $10 assuming the LIFO cost flow method was used. ________ b) Cost of goods sold would be $24 assuming the weighted-average cost flow method was used. ________ c) Cash flow from operating activities in June would be $28 assuming a FIFO cost flow method was used. ________ d) Cash flow from operating activities in June would
be $26 independent of what cost flow method was used. ________ e) The amount of gross margin would be $26 assuming the FIFO cost flow method was used. What will be an ideal response?
Which of the following are advantages of reducing inventory?
I. Engineering changes can be made sooner. II. Quality can be improved. III. Less space is needed in manufacturing. IV. Lead time will be shorter. A) I, II, III and IV B) I, II and IV only C) III and IV only D) I, II and III only E) II, III and IV only