Under the two-variance approach, the volume variance is computed by subtracting ____ based on standard input allowed for the production achieved from budgeted overhead
a. applied overhead
b. actual overhead
c. budgeted fixed overhead plus actual variable overhead
d. budgeted variable overhead
A
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Increasingly, companies are finding that their markets are "hourglass shaped." What does this mean for consumers and for marketers?
What will be an ideal response?
Ford Company reports depreciation expense of $41,000 for Year 2. Also, equipment costing $143,000 was sold for its book value in Year 2. There were no other equipment purchases or sales during the year. The following selected information is available for Ford Company from its comparative balance sheet. Compute the cash received from the sale of the equipment. At December 31Year 2Year 1Equipment$615,000? $758,000? Accumulated Depreciation-Equipment 432,000? 505,000?
A. $70,000. B. $36,500. C. $41,000. D. $29,000. E. $73,000.
Which of the following definitions describes an endorsee of a note?
A. a person who endorses a bill or note as a guarantor B. a person to whom a bill or note is to be paid C. a person who receives an endorsed note from an endorser D. a payee who has endorsed and delivered a note to an endorser
Which of the following is NOT an example of an annuity cash flow?
A) Your pay check which is the same every month. B) Your tuition payments which are the same every term. C) The identical payment you make every two years for your share of a lake cabin that you own with other family members. D) These are all annuity cash flows.