A major criticism of the payback method is that it focuses only on the time to recover the investment and ignores profitability
Indicate whether the statement is true or false
TRUE
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Branin Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $160,000, variable manufacturing overhead of $3.40 per direct labor-hour, and 80,000 direct labor-hours. The company has provided the following data concerning Job A578 which was recently completed: Total direct labor-hours 250Direct materials$715Direct labor cost$9,000The predetermined overhead rate is closest to:
A. $3.40 per direct labor-hour B. $5.40 per direct labor-hour C. $8.80 per direct labor-hour D. $2.00 per direct labor-hour
What are the definitions of "governance" and "management" in the COBIT 5.0 framework?
What will be an ideal response?
The market segment section of a marketing plan covers market segmentation, targeting, and
positioning. Indicate whether the statement is true or false
Which is more likely to generate a false acceptance?
A) Verification B) Identification C) Both verification and identification are equally likely to generate a false acceptance. D) None of the above