A company's production department was experiencing a high defect rate on the assembly line, which was slowing down production and causing a higher waste of valuable direct materials. The production manager decided to recruit some highly skilled production workers from another company to bring down the defect rate. This would produce a(n) ________.
A) unfavorable direct materials cost variance
B) favorable direct labor cost variance
C) favorable direct labor efficiency variance
D) unfavorable direct materials efficiency variance
C) favorable direct labor efficiency variance
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A form issued by the corporation that shows the name of the stockholder and the number of shares owned is called a
a. stock certificate. b. proxy. c. charter. d. article of incorporation.
Special reports would include compliance with contractual agreements
a. True b. False Indicate whether the statement is true or false
Once journal entries are posted to accounts, each account will show a new balance after each entry
Indicate whether the statement is true or false
The ____ children were National Merit scholars and attended Ivy League universities
A) Valdez' B) Valdezes' C) Valdez's