When variances occur, they are described as being either favorable or unfavorable. When actual activity consumes more time or money than initially planned, an unfavorable variance exists. However, when actual activity consumes less time or money than initially planned, a favorable variance exists. Note that the terms favorable and unfavorable are used, rather than saying that a variance is good or bad, because until the cause of a variance is discovered, it is not clear whether a variance is either good or bad. If a company calculates that the actual cost for the actual hours worked by employees was $4,000,000, and the amount budgeted for those hours actually worked was $4,500,000, the actual cost for hours worked less the budgeted cost for hours worked is $ 8,500,000 . This tells you that the actual cost at actual hours worked is less than the budgeted cost at actual hours worked. This tells you that the actual cost at actual hours worked is (A. greater than B. less than C. equal to) the budgeted cost at actual hours worked. What type of variance is this?A. Favorable rate varianceB. No varianceC. Unfavorable rate variance

The hawthorne works was a large western electric factory with 45,000 employees. during the 1920s and 1930s, hawthorne works was the site of some well-known industrial studies. in one of the studies, researchers investigated the impact of different working conditions on worker productivity. prior to the start of the study, researchers secretly measured workers' productivity for several weeks. then researchers chose two workers, who then chose their own teams. the teams were separated from the general workforce and completed their work in different experiment rooms where the researchers could observe them more easily. over a 5-year period researchers manipulated the structure of the workday for each team (number and duration of breaks and number of hours per shift). for each of these changes in working conditions, the researchers measured the effect on productivity. for some conditions, such as frequent short breaks, workers rebelled by intentionally decreasing productivity.why did the researchers secretly measure the workers' productivity before creating the two treatment groups? a, to create similar treatment groups so that a cause-and-effect relationship could be establishedb, to draw conclusions about the productivity of all workers in the plant based on the test groupsc, to directly control for confounding variablesd, to provide a baseline for measuring worker productivity

Amanda works as an industrial designer

Why should managers invest any excess cash