The unit standard cost is affected by both price standards and quantity standards

Indicate whether the statement is true or false


true

Business

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Using the labor time standard of 0.5 labor hour per unit and a labor cost standard of $10 per labor hour for a 10 pound bag of chocolate and the following actual cost and usage data, compute the direct labor variance. Direct labor hours used 4,950 hours Total cost of direct labor $53,460 Number of good units produced 9,000 units

a. $3,960 (F) b. $8,460 (U) c. $3,960 (U) d. $8,460 (F)

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Which of the following reports is designed to quickly inform others about the work you have done and to provide documentation for future use?

A) Feasibility report B) Progress report C) Evaluation report D) Recommendation report E) Formal report

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An expatriate is a person living outside his or her country of birth.

Answer the following statement true (T) or false (F)

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When designing a computer presentation:

a. build only graphs b. build only bullet slides c. build almost everything d. none of the above

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