Which of the following is not a reason standard costs are separated into two components? a. if a negative variance is overshadowed by a favorable variance, managers may overlook potential corrections b. identifying variances determines which manager must find a solution to major discrepancies c. the price and quantity variances need to be identified separately to correct the actual major differences d. variances bring attention to discrepancies in the budget and require managers to revise budgets closer to actual results

Seattle bank’s start-up division establishes new branch banks. each branch opens with three tellers. total teller cost per branch is $96,000 per year. the three tellers combined can process up to 90,000 customer transactions per year. if a branch does not attain a volume of at least 60,000 transactions during its first year of operations, it is closed. if the demand for services exceeds 90,000 transactions, an additional teller is hired and the branch is transferred from the start-up division to regular operations. required what is the relevant range of activity for new branch banks

Post test question number 9 for entering the job market

On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?