An unfavorable cost variance occurs when budgeted cost at actual volumes exceeds actual cost

Indicate whether the statement is true or false


False

Business

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The Land account would include all of the following costs except

a. drainage costs. b. commissions paid to real estate agents. c. the cost of building a fence. d. the cost of tearing down a building.

Business

What is the primary purpose of measuring turnover costs?

What will be an ideal response?

Business

As the new sales representative for H & L Electronics, Michelle is responsible for calling on hospital management and selling electronic hospital equipment such as blood pressure cuffs, scales, and heart monitors. Michelle knows that she needs to be friendly with the administrative assistants in the management offices in order to make sure that H & L's information brochures and new product diagrams actually get to the management staff. In this situation, Michelle is exhibiting her knowledge that administrative assistants are often ________ in the buying decision process.

A. usersĀ  B. gatekeepersĀ  C. influencers D. buyers E. controllers

Business

A simplex tableau is shown below.



a. What variables form the basis?
b. What are the current values of the decision variables?
c. What is the current value of the objective function?
d. Which variable will be made positive next, and what will its value be?
e. Which variable that is currently positive will become 0?
f. What value will the objective function have next?

Business