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:

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money. msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach