Geschke Corporation, which produces commercial safes, has provided the following data: Budgeted production 8,500 safes Standard machine-hours per safe 9.1 machine-hours Standard supplies cost $ 1.70 per machine-hour Actual production 8,700 safes Actual machine-hours 79,100 machine-hours Actual supplies cost $ 123,642 Supplies cost is an element of variable manufacturing overhead. The variable overhead efficiency variance for supplies is closest to:

Why should managers invest any excess cash

Post test question number 9 for entering the job market

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers. b) may not accept the offer because it is considered lavish entertainment. c) must obtain written consent from batts brothers before accepting the offer.