Misstatements or misrepresentations in an application for insurance can affect the amount of a premium but cannot void a policy
Indicate whether the statement is true or false
F
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Bonnie Company has a direct labor standard of 15 hours per unit of output. Each employee has a standard wage rate of $14 per hour. The standard variable overhead rate is $10 per hour. During March, employees worked 13,100 hours. The direct labor rate variance was $9,170 favorable, the variable overhead rate variance was $13,100 unfavorable, and the direct labor efficiency variance was $15,400 unfavorable. What is the actual variable overhead?
A. $117,900 B. $144,100 C. $183,400 D. $131,000
Clayton Alderfer agreed with Maslow that ______.
a. unsatisfied needs motivate individuals b. people have five levels of needs c. people’s needs are arranged in order of importance from basic to complex d. people will not be motivated to satisfy a higher-level need unless the lower-level needs have been satisfied
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:Total machine-hours30,000Total fixed manufacturing overhead cost$252,000Variable manufacturing overhead per machine-hour$2.10Recently, Job T687 was completed with the following characteristics:Number of units in the job10Total machine-hours30Direct materials$675Direct labor cost$1,050The total job cost for Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $1,725 B. $990 C. $1,365 D. $2,040
A warranty is a statement or representation made by a seller that the goods being sold conform to the specified standards of quality, safety, performance and title
a. True b. False Indicate whether the statement is true or false