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Dawson Toys, Ltd., produces a toy called the Maze. The company has recently established a standard cost system to help control costs and has established the following standards for the Maze toy: Direct materials: 7 microns per toy at $0.34 per micron Direct labor: 1.1 hours per toy at $7.10 per hour During July, the company produced 4,800 Maze toys. Production data for the month on the toy follow: Direct materials: 74,000 microns were purchased at a cost of $0.31 per micron. 32,000 of these microns were still in inventory at the end of the month. Direct labor: 5,580 direct labor-hours were worked at a cost of $42,966. Required: 1. Compute the following variances for July: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Do not round intermediate calculations. Round final answer to the nearest whole dollar.) a. The materials price and quantity variances. b. The labor rate and efficiency variances.
George Ritzer notes that William Kowinski chooses the mall as the most powerful emblem for the transformations of American society, in that it embodies the best and worst of American dreams. Ritzer argues that he finds the fast-food chain a stronger ..
How long would you expect it to take for the customer to wait in line, pay with the debit card, and leave?
Standard containers are designed to hold three dozen parts each. The cycle time for parts containers is about 105 minutes. how many containers are needed.
Design specifications require that a key dimension on a product measure 100 +-10 units. A process being considered for producing this product has a standard deviation of four units. What can you see (quantitatively) regarding the process capability? ..
Do you agree with Floyd Christianson’s argument against filing a Form 8-K? What charge to income was disclosed in the Form 8-k prepared by Susan Lohmar?
A draft may require the payor of the draft to do all of the following, except: The term “banking day” is best defined as:
What challenges do companies face when trying to implement e-commerce business plans and strategies? What can they learn from the WebVan experience? why non profit companies make a huge difference in soceity. How does change impact organization both ..
Arthur Company is considering investing in an annuity contract that will return $46,000 annually at the end of each year for 15 years. What amount should Arthur Company pay for this investment if it earns a 7% return, rounded to whole dollars?
Terminating the project means starting over from the very beginning at the RFP stage. In my experience, if a firm didn't win the RFP on the first go-around and it hears that the winning firm was terminated, it is less likely to bid on the second go-a..
Explain how this influence of culture can affect organizational processes such as the nature of policies and procedures, planning and control, information processing and communication, and decision-making.
Select one organisational behaviour concept and explain how to operationalise it through an additional human resource process other than the one(s) it is linked to in the matrix.
Special Procedures: Discuss isolation, quarantine and when such actions might be required? Recall the situation with the Ebola crisis and individuals not wanting to self-quarantine?
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