Under a shareholder model, managers' primary obligation is to act in the best interests of:
A. Themselves
B. The shareholders or owners
C. Society
D. Customers
B. The shareholders or owne
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The budget that is used as a basis for preparing all other budgets is the:
a. cost of goods sold budget. b. production budget. c. budget balance sheet. d. sales budget.
Miguez Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Cost Per UnitDirect materials 2.3liters$7.00per liter$16.10 Direct labor 0.7hours$22.00per hour$15.40 Variable overhead 0.7hours$2.00per hour$1.40 The company budgeted for production of 2,600 units in September, but actual production was 2,500 units. The company used 5,440 liters of direct material and 1,680 direct labor-hours to produce this output. The company purchased 5,800 liters of the direct material at $7.20 per liter. The actual direct labor rate was $24.10 per hour and the actual variable overhead rate was $1.90 per hour.The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed
when the materials are purchased.The variable overhead efficiency variance for September is: A. $140 U B. $140 F C. $133 U D. $133 F
Which of the following LAN technologies has the highest capacity?
A. Ethernet B. Fast Ethernet C. Fibre Channel D. Gigabit Ethernet
Many states allow partnerships to be treated as legal entities for certain purposes
a. True b. False Indicate whether the statement is true or false