Payroll tax is a series of wage taxes based on earnings that will be deducted from your employees' pay
Indicate whether the statement is true or false
TRUE
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Reiger Company had planned for operating income of $10 million in the master budget but actually achieved operating income of only $7 million.
a. The static-budget variance for operating income is $3 million favorable. b. The static-budget variance for operating income is $3 million unfavorable. c. The flexible-budget variance for operating income is $3 million favorable. d. The flexible-budget variance for operating income is $3 million unfavorable.
Which of the following make linear programming (LP) a popular tool for data scientists?
a. LP structure allows practitioners to achieve goals despite limited resources. b. LP models are easy to formulate. c. LP models are easy to solve. d. All of the above