One or more jobs that have similar content, wage rates, and opportunities is known as a job group

Indicate whether this statement is true or false.

Answer: TRUE

Business

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The management of Vert Lawnmowers has calculated the following variances

Direct materials cost variance $8,000 U Direct materials efficiency variance 38,000 F Direct labor cost variance 17,000 F Direct labor efficiency variance 13,000 U Variable overhead cost variance 3,500 F Variable overhead efficiency variance 5,000 F Fixed overhead cost variance 3,000 F When determining the total production cost flexible budget variance, what is the total manufacturing overhead variance of the company? A) $5,000 F B) $8,500 F C) $3,000 F D) $11,500 F

Business

Which of the following is something you are likely to know before your bank does?

a. Service charges on your account b. Interest received c. Checks you have written and mailed yesterday d. Direct payments made to your account from customers

Business