Galaxy technologies corp. manufactures cell phones. during the year, 150,000 phones were manufactured. materials and labor standards for producing the phones are as follows:
direct materials (2 pieces of plastic material @ $3.25) - $6.50
direct labor (2 hours @ $10) - 20.00
galaxy technologies corp. purchased and used 500,000 pieces of plastic material at $2.50 each, and its actual labor hours were 340,000 hours at a wage rate of $10.50. what is the materials price variance?

While information systems can be used to gain a strategic advantage, they have inherent risks. hershey foods, for example, crippled its halloween sales when its complex is system failed to support its supply and inventory needs during peak production season. this is an example of which specific is risk

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.