Companies must recognize a loss on an unprofitable contract under the percentage-ofcompletion method but not the completed-contract method.

Which of the following Kano Model requirements suggests that the customer will be extremely dissatisfied if the basic project requirements are not fulfilled?

A) must-be requirements B) one-dimensional requirements C) attractive requirements D) indifferent requirements

Information on Shonda Company's factory overhead costs follows: Actual variable factory overhead $95,000 Actual fixed factory overhead $28,000 Standard hours allowed for actual production 30,000 Standard variable overhead rate per direct labor hour $3.25 Standard fixed overhead rate per direct labor hour $1.00 What is the net factory overhead variance?

a. $4,500 unfavorable b. $4,500 favorable c. $2,500 unfavorable d. $2,500 favorable