The variable overhead efficiency variance measures the difference between the actual level of activity and the standard activity allowed for the actual output, multiplied by the fixed part of the predetermined overhead rate.

a. True

b. False

The following information is available for Wenger Corporation for 2019 (its first year of operations).1. Excess of tax depreciation over book depreciation, $40,000. This $40,000 difference will reverse equally over the years 2020-2023.2.

For which of the following manufactured products would job costing be more appropriate than process costing? Select one: A. Liquid soap B. Paint C. Designer dresses sold to celebrities D. Chemicals

How is having a security system for your home a risk management strategy? The security system will let you know when visitors knock on your door The security system will alert authorities and deter criminals, protecting your valuables and property.

Omar is responsible for marketing and marketing research for a midsized manufacturer of assemblies for the housing market.

Secret Trails received payment in full within the credit period for horse boarding for $900 plus 6% sales tax. Terms of the sale were 2/10, n/30. Which entry is required to record this payment? A. Debit Cash $954; credit Sales $954 B.

Select the correct answer. According to Maslow's hierarchy of needs, which need consists of an individual striving for importance? A. self-actualization B. social C. self-esteem D. physiological

During an economic downturn when businesses must cut expenses, managers must be creative in motivating employees.

Angela's monthly disposable income is $1 comma 973. She has monthly expenses of $1 comma 755 (including recreational expenses of $241 ) and net cash flow of $218 per month. Angela makes a budget based on her personal cash flow statement.

Locally manufactured Bubbles is a popular brand of detergent in Germany. However, with the entry of a foreign multinational into the market, Bubbles begins to lose market share.

According to a summary of the payroll of Scotland Company, total salaries were $500,000. Assume that social security taxes are payable at a 6% rate and Medicare taxes are payable at a 1.5% rate with no maximum earnings.