Dubberly Corporation's cost formula for its manufacturing overhead is $30,600 per month plus $64 per machine-hour. For the month of March, the company planned for activity of 7,900 machine-hours, but the actual level of activity was 7,880 machine-hours. The actual manufacturing overhead for the month was $558,610.The spending variance for manufacturing overhead in March would be closest to:

A) $22,410 U
B) $22,410 F
C) $23,690 F
D) $23,690 U

Warehousing places the pledged inventory under the lender's legal and physical control.

A 50- year project has a cost of $500,000 and has annual cash flows of $100,000 in years 1-25, and $200,000 in years 26-50. The company's required rate is 8%. Given this information, calculate the payback of the project.

A) 7 years
B) 6 years
C) 5 years
D) 4 years
E) 3 years

Discuss the benefits of setting ethical goals and describe a situation that you have observed in which goal setting lead to unethical behavior.

An increase in the reserve requirement increases reserves and decreases the money supply.

Which of the following is false regarding classification of principals?

A) If the third party is aware of the principal's existence but not his or her identity, the principal is classified as a disclosed principal.
B) When the third party is aware that the agent is making an agreement on behalf of a principal and also knows who the principal is, the principal is a disclosed principal.
C) An unidentified principal is in the same classification as a partially disclosed principal.
D) If the third party does not know that an agent is acting on behalf of a principal, an undisclosed principal is involved.
E) Classification of the principal is important because it helps determine the principal's liability.