Nations with the poorest infrastructures and lowest personal incomes are called developing countries

Melissa Antiques Company has collected the following data for one of its products

Direct materials standard (3 pounds @ 1/lb.) $3 per unit Direct materials flexible budget variance-unfavorable $15,500 Actual direct materials used 101,000 pounds Actual units produced 18,000 units What is the direct materials efficiency variance? A) $18,000 U B) $47,000 F C) $47,000 U D) $18,000 F

Which term refers to an in-store machine that allows a customer to order merchandise not carried in the store?

A) kiosk B) automated teller machine C) virtual catalog D) interactive TV E) direct-response device