Dirickson Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. The company has reported the following actual results for the product for July: The variable overhead efficiency variance for the month is closest to:
A) $336 Favorable B) $318 Favorable C) $336 Unfavorable D) $318 Unfavorable
(A) The critical path is CDEFG (B) Minimum duration is (10 + 7 + 1 + 1 + 5) or 24 hours (C) CDEFG have no slack since on the critical path. BDEFG takes 17 hours, so B has 7 hours of slack. AG takes 9 hours, so A has 15 hours of slack.
DM
Answered
Which of the following is not true regarding a Certified Public Accountant?
A) Must meet education and experience requirements. B) Must pass an examination. C) Must exhibit ethical character. D) May also be a Certified Management Accountant. E) Cannot hold any certificate other than a CPA.
The cost of buying and selling a stock includes: I. Broker's commissions II. Dealer's bid-asked spread III. Price concessions that investors may be forced to make
A) I and II only B) II and III only C) I and III only D) I, II, and III
By working hard to ensure the accuracy of the information you gather,you'll also avoid many ethical problems in your messages.If you do make an honest mistake,such as delivering information you initially thought to be true but later found to be false,contact the recipients of the message immediately and correct the error.Messages can also be unethical if important information is omitted.As a business professional,you may have legal or other sound business reasons for not including every detail about every matter.Just how much detail should you include? Make sure you include enough to avoid misleading your audience.If you're unsure how much information your audience needs,offer as much as you believe best fits your definition of complete and then offer to provide more upon request.
DM
Answered
The offer price of an open-end fund is $18 and the fund is sold with a front-end load of 5%. What is the fund's NAV?