A favorable efficiency variance for direct manufacturing labor indicates that ________.

Which of the following terms means squinting or blinking excessively?

Hunt Manufacturing is considering the purchase of equipment for a cost of $41,000. Annual cash savings of $10,000 are expected for the next 5 years and the equipment is expected to be sold at the end of five years for $15,000. Using a discount rate of 12%, the present value of $1 at the end of year 5 is .567 and the present value of an annuity for 5 years is 3.605. Using a discount rate of 10%, the present value of $1 at the end of year 5 is .621 and the present value of an annuity for 5 years is 3.791.  Assuming the company has a 12% discount rate and a 10% internal rate of return, what is the net present value of the equipment purchase?

Which of the following is not a capital budget application:

Camors manufacturing company had the following data taken from a recent quarterly production budget: January February March Planned production in units 1,000 1,100 980 If it takes three direct labor hours to produce each unit and Camor’s cost per labor hour is $16, direct labor cost for February would be budgeted at:

What is the direct labor efficiency variance during September?

Orbi Co., who has a required rate of return of 10%, just replaced an old machine. The cost accountant has the following information: cost – new machine $600,000 cost – old machine $275,000 annual cash flows – new machine $125,000 annual cash flows – old machine $100,000 remaining life – new machine 6 years remaining life – old machine 0 years salvage value – new machine $75,000 salvage value – old machine $25,000 Selected information from the PV tables:      PV of $1 n=6, i=10: 0.564      PV of an Annuity n=6, i=10: 4.355   What is the net present value of replacing the old machine?

How many grams of SO2 was formed when 563 kJ of heat was absorbed according to the following thermochemical equation? 2SO3(g) → 2SO2(g) + O2(g); ΔH° = 198 kJ

When 50.0 mL of 1.27 M of HCl(aq) is combined with 50.0 mL of 1.32 M of NaOH(aq) in a coffee-cup calorimeter, the temperature of the solution increases by 8°C. What is the change in enthalpy for this balanced reaction? Assume that the solution density is 1.00 g/mL and the specific heat capacity of the solution is 4.18 J/g⋅°C. HCl(aq) + NaOH(aq)  →  NaCl(aq) + H2O(l)

The use of high-quality raw materials is likely to result in a unfavorable price variance and an unfavorable efficiency variance.