Speyer Medical Clinic measures its activity in terms of patient-visits. Last month, the budgeted level of activity was 1,530 patient-visits and the actual level of activity was 1,490 patient-visits. The cost formula for administrative expenses is $4.00 per patient-visit plus $15,300 per month. The actual administrative expense was $19,810. In the clinic's flexible budget performance report for last month, the spending variance for administrative expenses was:
A. $820 F
B. $1,450 F
C. $1,610 F
D. $160 F
Answer: B
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________ builds upon the elimination of internal tariff barriers, the establishment of common external barriers, and the free flow of factors
A) European Union B) Economic union C) Customs union D) Free trade area E) Common market
Which of the following would not be a source of 360-degree feedback?
a. bosses b. subrodinates c. peers d. spouses and/or siblings
Gina has recently been hired as the CEO of the St. Vincent DePaul Society affiliate in your local community. She recognizes that her current organization, a charity, is dysfunctional. Employees and volunteers alike stubbornly pose obstacles to executing her strategic initiatives to grow donations to the charity, sales of donated items, and possible diversification into other activities that could provide financial support to her organization's mission. What might be Gina's options regarding culture-changing actions that could lead to rectifying St. Vincent DePaul's dysfunctional culture?
What will be an ideal response?
A company has two products: X and Y. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools.??Budgeted ActivityActivity Cost PoolBudgeted CostProduct XProduct YActivity 1$3,60025,20046,800Activity 2$4,80036,00044,000Activity 3$6,30043,20046,800Annual production and sales level of Product X is 161,100 units, and the annual production and sales level of Product Y is 275,200 units.a. Compute the approximate overhead cost per unit of Product X under activity-based costing.b. Compute the approximate overhead cost per unit of Product Y under activity-based costing.
What will be an ideal response?