The direct materials standards for the main product of Duchess Company are 8 grams of direct materials per product at a cost of $3 per gram. During April, 974 grams of direct materials were used to produce 120 products at a direct materials cost of $2,900 . The direct materials quantity variance for April was
a. $72 (U).
b. $92 (U).
c. $42 (U).
d. $112 (F).
C
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The market research process step of defining the research problem has three components: specifying the research objectives, identifying the consumer population of interest, and ________
A) placing the problem in an environmental context B) determining a budget for the research process C) selecting managers responsible for analyzing the data D) determining whether primary data will be needed E) deciding whether to hire a marketing research agency or to conduct the research in-house
The statement of cash flows reports the effects of a firm's operating, investing, and financing activities on cash flows. Information in the statement helps in understanding which of the following concept(s)?
a. The effect of operations on the liquidity of a firm. b. The level of capital expenditures needed to support ongoing and growing levels of activity. c. The major changes in the financing of a firm. d. all of the above e. none of the above
Coulter Company is studying a capital project that will produce $600,000 of added sales revenue, $400,000 of additional cash operating expenses, and $50,000 of depreciation. Assuming a 30% income tax rate, the company's after-tax cash inflow (outflow) is:
A. $125,000. B. $105,000. C. $155,000. D. $175,000. E. None of the answers is correct.
________ is the person who heads the department responsible for managing and maintaining information systems, and ensuring they support the organization's strategic goals
A) Chief Information Officer B) Chief Finance Officer C) Chief Knowledge Officer D) Chief Privacy Officer