If the standard to produce a given amount of product is 2,000 units of direct materials at $12 and the actual was 1,600 units at $13, the direct materials quantity variance was $5,200 favorable

If an employer group plan is contributory, most states require that at least

A) 50% of the eligible employees participate B) 85% of the eligible employees participate C) 65% of the eligible employees participate D) 75% of the eligible employees participate

Which of the following is a basic assumption of linear programming?

A) The condition of uncertainty exists. B) Independence exists for the activities. C) Proportionality exists in the objective function and constraints. D) Divisibility does not exist, allowing only integer solutions. E) Solutions or variables may take values from -? to +?.