The management of Alpha Lawnmowers has calculated the following variances
Direct materials cost variance $8,000 U
Direct materials efficiency variance 40,000 F
Direct labor cost variance 17,000 F
Direct labor efficiency variance 13,000 U
Variable overhead cost variance 3,000 F
Variable overhead efficiency variance 5,500 F
Fixed overhead cost variance 4,000 F
What is the total variable overhead variance of the company?
A) $2,500 F
B) $12,500 F
C) $8,500 F
D) $4,000 F
C .C)
Variable overhead cost variance $3,000 F
Variable overhead efficiency variance 5,500 F
Total variable overhead variance $8,500 F
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____________ means educating, instructing, and training subordinates. ______________ means advising, counseling, and guiding them.
Fill in the blank(s) with the appropriate word(s)
Which of the following yields the standard direct material cost?
A) Multiplying the standard price of direct materials by the standard quantity for direct materials B) Adding the standard price of direct materials to the standard quantity for direct materials C) Multiplying the actual price of direct materials by the actual quantity for direct materials D) Adding the actual price of direct materials to the actual quantity for direct materials
A retailer can increase its return on assets by increasing its _____
a. financial leverage b. asset turnover c. debt d. cost of goods sold
When consumers are ________, observation becomes particularly useful in understanding consumers' preferences.
A. interviewed too frequently B. unwilling to participate in research C. highly educated D. confused by questionnaires E. unable to articulate their experiences