Which of the following statements is true with regard to the plantwide overhead rate method? the rate is determined using volume-related measures. it is logical to use this method when overhead costs are not closely tied to volume-related measures. this method uses multiple overhead rates. the rate is determined using measures that are not closely related to volume. the method provides the most accurate means of allocating overhead costs.

Should the government be downsized? which functions should be cut back? which ones should be expanded?

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is:

Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm