has a standard of 2 hours of labor per unit, at $12 per hour. In producing 3600 units, Sheffield used 7000 hours of labor at a total cost of $85400. Sheffield's total labor variance is

Which of the following is least likely to a team solve problems together

Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.

Describe what fixed costs and marginal costs mean to a company.