When sizing up the operations of the firm, it is important to examine:

A) the quality of the firm's products or services.
B) how effective the processes are that the firm employs to operate the business.
C) the capacity of the firm's plant or facilities.
D) All of the above.

D

Business

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Joe Malay received the following report on the Division's operation for the month of August: Direct labor rate variance = $25,000 unfavorable; Direct labor efficiency variance = $70,000 (?). The standard calls for 3.0 direct labor hours per unit of output at $28.00 per labor hour (SP). The standard direct labor hours allowed for the units manufactured (SQ) is 20 percent more than the total direct labor hours worked (AQ) in August.

How many units (rounded to nearest whole number) of the product were produced in August?

Business

A high stock turnover rate is generally associated with merchandise cost savings due to quantity discounts

Indicate whether the statement is true or false

Business