What are five reasons for using work teams in organizations?

Adams, Inc. uses the following standard to produce a single unit of its product: overhead (2 hrs. @ $3/hr.) $6. The flexible budget for overhead is $100,000 plus $1 per direct labor hour. Actual data for the month show overhead costs of $150,000, and 24,000 units produced. The overhead volume variance is:

A) $10,000 favorable.
B) $12,000 favorable.
C) $4,000 unfavorable.
D) $16,000 unfavorable.
E) $36,000 unfavorable.

The margin of safety is the difference between

A) contribution margin and net profit before tax.
B) budgeted contribution margin and actual contribution margin.
C) budgeted sales revenue and actual sales revenue.
D) budgeted sales revenue and break-even sales revenue.

Oral reports usually are longer than oral briefings and are more formal​

If two nations have straight-line production possibilities curves,

A) then their trading possibilities curves must lie inside the production possibilities curves.
B) there will be no basis for mutually advantageous trade.
C) there will be a basis for mutually advantageous trade whether the slopes are equal or not.
D) there will be a basis for mutually advantageous trade provided the slopes differ.

Which of the following is/are the criteria for a common carrier?

A) The carriage must be part of its business.
B) The carriage must be for remuneration.
C) The carrier must represent to the general public that it is willing to serve the public in the transportation of property.
D) All of these are criteria.