Building in budgetary slack includes:

Answer the following questions using the information below:  Kason, Inc., expects to sell 20,000 pool cues for $24.00 each. Direct materials costs are $4.00, direct manufacturing labor is $8.00, and manufacturing overhead is $1.60 per pool cue. The following inventory levels apply to 2021: Beginning inventory Ending inventory Direct materials 24,000 units 24,000 units Work-in-process inventory 0 units 0 units Finished goods inventory 2,000 units 2,500 units What are the 2022 budgeted costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively?

Answer the following questions using the information below:  Kason, Inc., expects to sell 20,000 pool cues for $24.00 each. Direct materials costs are $4.00, direct manufacturing labor is $8.00, and manufacturing overhead is $1.60 per pool cue. The following inventory levels apply to 2021: Beginning inventory Ending inventory Direct materials 24,000 units 24,000 units Work-in-process inventory 0 units 0 units Finished goods inventory 2,000 units 2,500 units On the 2022 budgeted income statement, what amount will be reported for sales?

An unfavorable variance:

Refining a cost system involves which of the following?

Answer the following questions using the information below:  Hector’s Camera Shop has prepared the following flexible budget for September and is in the process of interpreting the variances.  F denotes a favorable variance and  U denotes an unfavorable variance. Flexible Budget Price Variance Efficiency Variance Material A $20,000 $1,000U $1,200F Material B 30,000 500F 800U Material C 40,000 1,400U 1,000F The actual amount spent for Material A was:

When beginning the data collection process, researchers should always consider:

Which are the following are examples of secondary data (as contrasted with primary data)?

A marketing research team is under a deadline to complete the first part of a client’s research study. They promised to complete 10 focus groups by the end of the month. They have only completed 8 of the focus groups the day before the deadline. What should the research team do in order to fulfill the researcher rights and obligations in marketing research? Select the best answer. 

A firm hires a marketing research firm to investigate whether or not they should invest in influencer marketing. Which type of research is conducted to address a specific marketing decision for a specific firm or organization?