What is the unit product cost using variable costing? (Round your answer to the nearest cent.)
McIntosh, Inc. reports the following information:
A) $69.45
B) $44.00
C) $52.45
D) $98.18
B) $44.00
Direct materials $17
Direct labor 10
Variable manufacturing overhead 17
Total unit product cost $44.00
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Kapcom Telecom wants to implement an on-the-job training program for the sales staff who are unaware of the technical aspects of the firm's products. The lack of technical knowledge among its sales staff is harming the company's prospects of securing lucrative contracts. Although Kapcom's IT team is well versed in various technologies, it is not well suited to handle a training program. However, the best IT trainers in the industry cost more than Kapcom can afford to spend on the training program. This scenario illustrates
A. situational constraints. B. experiential conflicts. C. social support. D. simulation. E. psychological mindedness.
Which of the following procedures is an inappropriate agreed-upon procedure?
a. Comparison of documents, schedules, or analyses. b. Performance of mathematical computations. c. Confirmation of specific information with third parties. d. Evaluation of the competency or objectivity of another party.
________ broadens the logistics concept to include all organizations, both inside and outside of a firm, that affect the distribution process
A) Reverse logistics B) Supply chain management C) A vertical marketing system (VMS) D) Just-in-time management E) Physical distribution
Which of the following statements concerning standards is false?
a. If the company uses more material than was originally planned, the direct material quantity variance will be unfavorable. b. If the employees work fewer hours than originally planned, the direct labor quantity variance will be favorable. c. If a company pays less per pound than originally planned, the direct material price variance will be favorable. d. If employees are paid more than the standard rate per hour, the direct labor quantity variance will be unfavorable.