The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.0hoursStandard labor rate$15.10per hourThe following data pertain to operations concerning the product for the last month: Actual hours worked 8,100hoursActual total labor cost$119,880 Actual output 800unitsWhat is the labor rate variance for the month?
A. $13,320 U
B. $11,160 F
C. $2,430 F
D. $11,160 U
Answer: C
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Which of the following represents approaches to create a price strategy?
A. Price skimming and penetration pricing, but not status quo pricing B. Penetration pricing and status quo pricing, but not price skimming C. Status quo pricing and price skimming, but not penetration pricing D. Price skimming, penetration pricing, and status quo pricing
The periodic payments on debt securities are called
A. interest payments. B. dividends. C. debt swaps. D. subordinations.
Highspeed Motors is planning to introduce its new sports bike into the market. It collects data on prices, designs, features, and performance of sports bikes manufactured by other companies from their respective Web sites
What type of data is being used by Highspeed motors in this case?
In the context of team decision making, persuasion ________
A) means influencing your audience to agree with the decision you prefer B) is at its best when it leads to groupthink C) is counterproductive and should not be used D) is key to reaching a collaborative decision E) is inappropriate in team situations