Mendig has done job overall of managing its technology overhead costs. It has variable overhead efficiency variance because it used CPU units of processing time relative to the number of client interactions it had. This is not an issue if the goal was to meet the high-peformance computing needs of clients and resulted in higher levels of client satisfaction or revenues. For the 6,000 CPUT units used, Mendig spent per unit relative to the budgeted $2.50, so the price/spending variance on variable technology overhead was

Goods and services that can be used for the same purpose are and goods and services that are used together are

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out