Use the Following Information for the Next 7 Questions

question 36

Multiple Choice

Use the following information for the next 7 questions.
A small accounting firm budgets 200 hours of billings for the next month, and 60% of these hours are expected to be for tax return preparation services, with the remaining 40% for bookkeeping services. Tax work is billed at $50 per hour, and bookkeeping work is billed at $40 per hour. The variable costs for both types of services are $10 per hour. During the month 180 hours were billed, 90 of which were for tax work.
-(Appendix 11A) The contribution margin sales volume variance was

• A) $720 unfavorable
• B) $540 favorable
• C) $900 unfavorable
• D) $1,200 unfavorable

Recognize the importance of data resource management to prevent breaches.

Grasp the principles of risk, exposure, threat, and vulnerability in information security.

Acknowledge the consequences of neglecting proper disposal of electronic devices.

Understand the significance of hiring cybersecurity firms in mitigating data breaches.

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Definitions:

Transformation Process

The method by which inputs (such as raw materials, information, or labor) are converted into outputs (products or services) by an organization.

Continuous Manufacturing Organizations

Companies that use continuously running assembly lines, creating products with many similar characteristics.