When it comes to programmed value patterns which orientation identifies how a culture prioritizes the needs of an individual or the needs of the group?

A. power distance
B. individualism versus collectivism
C. masculinity versus femininity
D. uncertainty avoidance


B. individualism versus collectivism

Business

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A(n) ____________________ system accumulates manufacturing costs by process

Fill in the blank(s) with correct word

Business

The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows: Standard: 25,000 hours at $10 $250,000 Actual: Variable factory overhead 202,500 Fixed

factory overhead 60,000 What is the amount of the factory overhead controllable variance? A) $10,000 favorable B) $2,500 unfavorable C) $10,000 unfavorable D) $2,500 favorable

Business

The following information comes from the balance sheets and income statements of Crosby Co.: As of or for the Year ended December 31 Current YearPrior YearCash$24,000 $20,000 Accounts receivable 38,000  44,000 Inventory 64,000  50,000 Property and equipment 224,000  218,000 Current liabilities 88,000  80,000 Long-term liabilities 106,000  100,000 Stockholders' equity 156,000  152,000 Net sales revenues 680,000  630,000 Cost of goods sold 440,000  420,000 Operating expenses 160,000  150,000 Interest expense 10,000  8,000 Income tax expense 18,000  16,000 What is the times interest earned ratio for the current year? 

A. 2.2 B. 5.2 C. 8.0 D. 6.2

Business

As a mathematical tool, determinants are of value in helping to solve a series of simultaneous equations

Indicate whether the statement is true or false

Business