One possible explanation for a company that experiences a favorable labor efficiency variance, but an unfavorable labor rate variance could be:
a. The company paid the workers overtime.
b. The company hired more experienced workers.
c. The company purchased materials that were hard to work with.
d. The workers "goofed around" and wasted time.
b
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The process of learning values from other cultures is called ________
A) enculturation B) acculturation C) core values D) crescive norms
Accounting principles make accrual accounting earnings closer to the firm's underlying economic performance in a given period than are _________________________
Fill in the blank(s) with correct word
Projected sales price minus a reasonable profit equals
a. the standard cost. b. contribution margin. c. projected Cost of Goods Sold. d. target cost.
Sam wants to file a petition for bankruptcy. Which of the following is true in this context?
A) Sam need not submit a list of creditors; it is obtained by the court upon investigation. B) Sam's bankruptcy petition cannot be filed electronically. C) Only Sam's attorney can file his bankruptcy petition. D) Sam's attorney is liable for perjury if information filed by Sam is incorrect.