The two fixed overhead variances are the A. rate and efficiency variances. B. rate and volume variances. C. price and usage variances. D. budget and volume variances.

Recently the government increased the minimum wage from $4,280 per week to $5,300 per week. The inflation rate during the same period was 9%. What is the impact on real wages?

Calistoga produce estimates bad debt expense at ½% of credit sales. the company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650, respectively, at december 31, 2017.

To increase work efficiency and make it easier to match employee competencies with job requirements, companies:a. divide work into more specialized jobs. b. rely on formal hierarchy as a coordinating mechanism. c. rely on a narrow span of control. d.

The amortization of a bond premium will result in reporting an amount of interest expense for an interest period that:a. is less than the amount of cash to be paid for interest for the period. b.

Millar Company produces a single product which it sells for $89 a unit. If the fixed costs of manufacturing and selling the product are $68,400 a month and the variable costs are $57 a unit, which of the below is correct? Select one: a.

Special-purpose technology is a common way of offering increased customization in manufacturing or services without taking on additional labor costs. True/False

You are to receive $500 at the end of one year; $250 at the end of two years; $300 at the end of three years. if the interest rate is 5%, what is the present value of these cash flows?

U. S. based Majestic Co. sells products to U. S. consumers and purchases all of materials from U. S. suppliers. Its main competitor is located in Belgium. Majestic Co. is subject to: Options: O economic exposure. O transaction exposure.

A comprehensive evaluation of the group of businesses a company has diversified into involves: a. evaluating the attractiveness of industries the company has diversified into and the competitive strength of each of its business units. b.

Interior Design Group is an all equity firm that has 40,000 shares of stock outstanding. The company has decided to borrow $1 million to buy out the shares of a deceased stockholder who holds 2,500 shares.