The first genuine labor unions in America date from the closing years of the eighteenth century
Indicate whether the statement is true or false
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In making product mix decisions under constraining factors, which of the following is the key to choosing the product type to be maximized?
A) revenue per unit B) contribution margin per unit of product C) contribution margin per unit of the constraint D) gross profit per unit using traditional costing
Cavalaris Products uses a standard cost system
Overhead costs are allocated based on direct labor hours. In the first quarter, Cavalaris had an unfavorable cost variance for variable overhead costs. Which of the following scenarios is a reasonable explanation for this variance? A) The actual number of direct labor hours was lower than the budgeted hours. B) The actual variable overhead costs were higher than the budgeted costs. C) The actual variable overhead costs were lower than the budgeted costs. D) The actual number of direct labor hours was higher than the budgeted hours.