The following data reflect the current month’s activity for Vickers Corporation: Actual total direct labor $ 678,170 Actual hours worked 36,500 Standard labor-hours allowed for actual output (flexible budget) 35,400 Direct labor price variance $ 15,330 F Actual variable overhead $ 148,350 Standard variable overhead rate per standard direct labor-hour $ 4.10 Variable overhead is applied based on standard direct labor-hours allowed. Required: Compute the labor and variable overhead price and efficiency variances. (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.)

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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answer; whoever is willing and able to pay the price;