A favorable variance:
a. will increase the cost beyond the standard established.
b. results in a debit balance.
c. would be reflected by a credit balance in a variance account.
d. would reduce a product's anticipated profitability.
c
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Which personal interviewing method utilizes help screens and courteous error messages?
A) in-home B) mall intercept C) computer-assisted personal interview (CAPI) D) e-mail
As a leader of the meeting it is your responsibility to help participants reach a decision on an issue problem or direction
Answer the following statement(s) true (T) or false (F)
The following data is given for the Stringer Company: Budgeted production 26,000 units Actual production 27,500 units Materials: Standard price per ounce $6.50 Standard ounces per completed unit 8 Actual ounces purchased and used in production 228,000 Actual price paid for materials $1,504,800 Labor: Standard hourly labor rate $22 per hour Standard hours allowed per completed unit 6.6 Actual
labor hours worked 183,000 Actual total labor costs $4,020,000 Overhead: Actual and budgeted fixed overhead $1,029,600 Standard variable overhead rate $24.50 per standard labor hour Actual variable overhead costs $4,520,000 Overhead is applied on standard labor hours. The direct material quantity variance is: A) 22,800F B) 22,800U C) 52,000F D) 52,000U
Which component of structure is described by “the degree to which each individual, department, or team performs limited narrow tasks?”
a. Specialization b. Formalization c. Standardization d. Centralization