For federal income tax purposes, income is allocated between a husband and wife depending on the state of residence.
Answer the following statement true (T) or false (F)
True
Most states follow a common law property system, but a few follow a community property system.
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Scenario planning is a useful technique for firms competing in industries characterized by ________ and ________.
A. low profit margins; stability B. high profit margins; stability C. unpredictability; change D. predictability; stability
Planning involves which of the following?
a. Identifying operating tasks that minimize waste b. Comparing actual performance to expected performance c. Issuing periodic reports d. Formulating long-term strategies
The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows: Standard: 25,000 hours at $10 $250,000 Actual: Variable factory overhead 202,500 Fixed
factory overhead 60,000 What is the amount of the factory overhead controllable variance? A) $10,000 favorable B) $2,500 unfavorable C) $10,000 unfavorable D) $2,500 favorable
The consumer protection agency for the United States is the ________ ________ ________.
What will be an ideal response?