Teel Printing uses two measures of activity, press runs and book set-ups, in the cost formulas in its budgets and performance reports. The cost formula for wages and salaries is $8,850 per month plus $400 per press run plus $950 per book set-up. The company expected its activity in July to be 204 press runs and 111 book set-ups, but the actual activity was 201 press runs and 110 book set-ups. The actual cost for wages and salaries in July was $193,780.The wages and salaries in the flexible budget for July would be closest to:

A) $193,019
B) $195,900
C) $193,780
D) $193,750

The total cost curve gets steeper as output increases because of:

A) increasing returns to the variable input.
B) decreasing returns to the variable input.
C) increases in fixed cost.
D) decreases in overhead costs.

The key factors influencing the establishment of challenging goals include all of the following except:

A) goal clarity
B) goal awareness
C) self-efficacy
D) goal difficulty

Current GAAP defines lessors' treatment of leases according to Type I and Type II characteristics.Type I characteristics are linked to the critical event criteria for revenue recognition.

______ is the degree to which an individual feels positive or negative about a job.

A) Job satisfaction
B) Organizational culture
C) Employee engagement
D) Organizational commitment

Describe the functional résumé and explain its advantages for recent college graduates.