Generally speaking, franchising is a market-entry strategy that is typically executed with more localization than is licensing

In September, Larson Inc. sold 50,000 units of its only product for $273,000, and incurred a total cost of $255,000, of which $28,000 were fixed costs. The flexible budget for September showed total sales of $330,000. Among variances of the period were: total variable cost flexible-budget variance, $7,000U; total flexible-budget variance, $69,000U; and, sales volume variance, in terms of contribution margin, $55,000U.

The total number of budgeted units reflected in the master budget for September, to the nearest whole number, was:

Which of the following is true about standard hour plans?

A. They always encourage employees to focus on customer service. B. They succeed only for employees who are not motivated by money. C. They encourage employees to focus mainly on quality. D. In terms of their pros and cons, they are very different from piecework plans. E. They encourage employees to work as fast as they can.