Values based on assumptions of security and affluence are known as postmaterialist values.

Jennings Manufacturing gathered the following flexible budget information:

Percent of normal capacity 80% 100% Standard direct labor hours 56,000 70,000 Total budgeted variable overhead cost $104,000 $130,000 Total budgeted fixed overhead cost $100,000 $100,000 How much is the total budgeted overhead cost at 90% of normal capacity? A) $230,000 B) $100,000 C) $217,000 D) $207,000

A factory produces 996 area rugs per week. How many area rugs does it produce in 32 weeks?

A) 31,680 B) 29,880 C) 31,872 D) 51,792