The technology used by early online communities was limited to mostly:
A) instant messaging.
B) FTP.
C) e-mail.
D) bulletin boards.
D
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Shade Company adopted a standard cost system several years ago. The standard costs for direct labor and direct materials for its single product are as follows: Materials (5 kilograms × $12/kilogram) = $60/unit; direct labor (3.5 hours/unit × $20/hour) = $70/unit. All materials are issued at the beginning of processing. The operating data shown below were taken from the records for December:
In-process beginning inventory None In-process ending inventory—80% complete as to labor 1,110units Units completed during the period 7,000units Budgeted output 7,650units Purchases of materials (in kilograms) 47,500 Total actual direct labor cost incurred$554,120 Direct labor hours worked (AQ) 28,000hours Materials purchase-price variance$9,025favorable Increase in materials inventory in December 5,300kilograms The direct materials usage variance for December, to the nearest dollar, was:
An economy that is driven by a fairly small number of rich people is called a plutonomy
Indicate whether the statement is true or false