The total fixed overhead variance is calculated by the following formula:
A) Total actual overhead - Total applied overhead
B) AFOH - Standard overhead rate x SH
C) AFOH - SFOR x SH
D) AFOH - SFOR x AH
E) Total actual overhead - SFOR x SH
C
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Use this information to answer the following question. The selected accounts and balances for Keystone Market appear as follows: Advertising Expense $ 14,000 Common Stock 100,000 Dividends 21,000 Freight-In 7,000 Freight-Out Expense 10,000 Interest Income 24,000 Merchandise Inventory (Jan. 1) 58,000 Merchandise Inventory (Dec. 31) 56,000 Purchases 60,000 Purchases Returns and Allowances 4,000
Rent Expense 9,000 Retained Earnings 40,000 Sales 150,000 Sales Returns and Allowances 19,000 Wages Expense 32,000 Goods available for sale would appear on the income statement as a. $114,000. b. $61,000. c. $121,000. d. $51,000.
Which statement regarding the acceptance phase of cultural shock is incorrect?
a. You feel at home in the new culture. b. You cultivate friendships among the nationals. c. You adapt to and become involved in activities of the culture. d. You respect their customs but realize you will forget about them as soon as you return to your home country.
Which of the following statements about valuing a firm using the compressed adjusted present value (CAPV) approach is most CORRECT?
A. The horizon value is calculated by discounting the free cash flows beyond the horizon date and any tax savings at the cost of debt. B. The horizon value is calculated by discounting the expected earnings at the WACC. C. The horizon value is calculated by discounting the free cash flows beyond the horizon date and any tax savings at the WACC. D. The horizon value must always be more than 20 years in the future. E. The horizon value is calculated by discounting the free cash flows beyond the horizon date and any tax savings at the levered cost of equity.
You should avoid using he as a generic pronoun when referring to an unidentified person
Indicate whether the statement is true or false