Match Point, Inc. has the following overhead standards:Variable overhead: 4 hours at $8 per hourFixed overhead: 4 hours at $10 per hourThe standards were based on a planned activity of 20,000 machine hours when 5,000 units were scheduled for production. Actual data follow.Variable overhead incurred: $167,750Fixed overhead incurred: $210,000Machine hours worked: 19,800Actual units produced: 5,100Match Point's fixed-overhead budget variance is:
A. $6,000 unfavorable.
B. $7,000 unfavorable.
C. $12,000 unfavorable.
D. $10,000 unfavorable.
E. None of the answers is correct.
Answer: D
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Leroy has taught for over 35 years. His least favorite part of pre-planning for the new school year is attending technology training. It drives him crazy that every year he is told a new way to enter and keep track of his grades. He really gets annoyed with the new faculty members because he feels they are indicating he can’t do his job. Leroy is a(n) ______.
A. innovator B. early adopter C. early majority D. laggard
Explain the change in buying roles of husbands and wives due to an evolving consumer lifestyle in the United States. Additionally, describe the effect of this change on marketers
What will be an ideal response?
Compared to Japanese companies, decisions made by U.S. companies:
a. are slower. b. are less likely to fail at implementation. c. are quicker. d. of lower quality.
The Amazing Widget Company issues $539,000 of 7%, 10-year bonds at 104 on March 31, 2017
The bonds pay interest on March 31 and September 30. Assume that the company uses the straight-line method for amortization. The journal entry to record the issuance includes a ________. A) debit to Cash for $539,000 B) credit to Bonds Payable for $560,560 C) debit to Premium on Bonds Payable for $21,560 D) debit to Cash for $560,560