What is the name of the interest rate banks charge to their most creditworthy customers?
A) Main rate
B) Blue chip rate
C) Prime rate
D) Premier rate
E) None of the above
Answer: C
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What is considered the most extreme psychological mechanism in viewing members of other groups as inferior?
a. Dehumanization b. Oppression c. Stereotyping d. Dominating
On a flow process chart, operations that are classified as "do" steps and that can be eliminated automatically eliminate "get ready" and "put away" steps as well
Indicate whether the statement is true or false.
Zackery Woodworking Corporation produces fine cabinets. The company uses a job-order costing system in which its predetermined overhead rate is based on capacity. The capacity of the factory is determined by the capacity of its constraint, which is an automated lathe. Additional information is provided below for the most recent month: Estimates at the beginning of the month: Estimated total fixed manufacturing overhead$7,452 Capacity of the lathe 230hoursActual results: Actual total fixed manufacturing overhead$7,452 Actual hours of lathe use 180hours The manufacturing overhead applied is closest to:
A. $7,748 B. $9,900 C. $7,452 D. $5,832
TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaster has established the following standards for the prime costs of one unit of product. Standard StandardStandard Quantity PriceCostDirect Materials 8pounds $1.80per pound $14.40 Direct Labor 0.25hour $8.00per hour 2.00 $16.40 During November, TaskMaster purchased 160,000 pounds of direct materials at a total cost of $304,000. The total factory wages for November were $42,000, 90% of which were for direct labor. TaskMaster manufactured 19,000 units of product during November using 142,500 pounds of direct materials and 5,000 direct labor hours. What is the direct materials price variance for November?
A. $14,400 B. $16,000 C. $14,250 D. $17,100