External link to Question : 41. When customers return goods for cash refunds or, if the : 1230556

Question : 41. When customers return goods for cash refunds or, if the : 1230556

    41. When customers return goods for cash refunds or, if the customer has not yet paid, for cancellation of the customer’s obligation to pay, the firm records a sales   A. allowance B. return C. discount D. credit E. debit   42. Sales discounts and allowances include:  A. allowances for unsatisfactory merchandise B. discounts for prompt payment C. allowances for satisfactory merchandise D. interest charges for late payment E. choices a and b   43. The […]

External link to Question : 7.3   Distinguish between Levels 3 and 4 variance analyses for : 1186322

Question : 7.3   Distinguish between Levels 3 and 4 variance analyses for : 1186322

  7.3   Distinguish between Levels 3 and 4 variance analyses for substitute inputs, and calculate Level 4 direct mix and yield variances.   1) The direct materials yield variance is the difference between: 1) the budgeted cost for the actual mix of the total quantity of direct materials used, and 2) the budgeted cost of the budgeted mix of the actual total quantity of direct […]

External link to Question : 71. Which of the following a factor to consider in keeping : 1250905

Question : 71. Which of the following a factor to consider in keeping : 1250905

    71. Which of the following is a factor to consider in keeping many types of production in one’s own country which has high labor costs rather than shifting to low labor cost countries?  A. Relative labor costs are stable over time. B. The quality and productivity of national labor forces generally do not vary. C. Any consideration of where to locate production can be based on labor […]

External link to Question : 12.Hubbell Service showed the following information for 2010: Net sales : 1253541

Question : 12.Hubbell Service showed the following information for 2010: Net sales : 1253541

  12.Hubbell Service showed the following information for 2010: Net sales revenue, $410,000; interest revenue, $11,000; cost of goods sold, $220,000; operating expense, $15,000, extraordinary gain on retirement of debt, $30,000; and dividends declared, $14,000. Calculate operating income for 2010. 13.The following are some accounts for MarvellCorp. for 2009: Sales revenue $102,000 Cost of goods sold 85,000 Administrative expense 34,000 Interest expense 3,000 Loss from […]

External link to Question : 100.A company reports the following information for its first year : 1258583

Question : 100.A company reports the following information for its first year : 1258583

  100.A company reports the following information for its first year of operations:  Units produced this year650 units Units sold this year500 units Direct materials$750 per unit Direct labor$1,000 per unit Variable overhead? in total Fixed overhead$308,750 in total If the company’s cost per unit of finished goods using variable costing is $2,375, what is total variableA.               $237,500 B. $75,000 C. $312,500 D. $406,250 E. $97,500 101.Magenta Inc. reports […]

External link to Question : 51. Manufacturing overhead includes: A. costs that the firm cannot associate with : 1230557

Question : 51. Manufacturing overhead includes: A. costs that the firm cannot associate with : 1230557

    51. Manufacturing overhead includes:   A. costs that the firm cannot associate with particular products B. expenditures for factory utilities, property taxes, insurance, and depreciation on manufacturing plant and equipment C. expenditures for supervisors’ salaries D. costs that jointly benefit all goods produced during the period, not any one particular item. E. all of the above   52. For manufacturing firms, the balance sheet reports the costs of incomplete items […]

External link to Question : Short Answer Questions 46.Present Value of 1 Periods3%4%5%6%7%8%9%10%12% 30.91510.88900.86380.83960.81630.79380.77220.75130.7118 40.88850.85480.82 : 1258200

Question : Short Answer Questions 46.Present Value of 1 Periods3%4%5%6%7%8%9%10%12% 30.91510.88900.86380.83960.81630.79380.77220.75130.7118 40.88850.85480.82 : 1258200

  Short Answer Questions  46.Present Value of 1  Periods3%4%5%6%7%8%9%10%12% 30.91510.88900.86380.83960.81630.79380.77220.75130.7118 40.88850.85480.82270.79210.76290.73500.70840.68300.6355 50.86260.82190.78350.74730.71300.68060.64990.62090.5674 60.83750.79030.74620.70500.66630.63020.59630.56450.5066 70.81310.75990.71070.66510.62270.58350.54700.51320.4523 80.78940.73070.67680.62740.58200.54030.50190.46650.4039 90.76640.70260.64460.59190.54390.50020.46040.42410.3606 100.74410.67560.61390.55840.50830.46320.42240.38550.3220 Future Value of 1  Periods3%4%5%6%7%8%9%10%12% 31.09271.12491.15761.19101.22501.25971.29501.33101.4049 41.12551.16991.21551.26251.31081.36051.41161.46411.5735 51.15931.21671.27631.33821.40261.46931.53861.61051.7623 61.19411.26531.34011.41851.50071.58691.67711.77161.9738 71.22991.31591.40711.50361.60581.71381.82801.94872.2107 81.26681.36861.47751.59381.71821.85091.99262.14362.4760 91.30481.42331.55131.68951.83851.99902.17192.35792.7731 101.34391.48021.62891.79081.96722.15892.36742.59373.1058 Present Value of an Annuity of 1  Periods3%4%5%6%7%8%9%10%12% 32.82862.77512.72322.67302.62432.57712.53132.48692.4018 43.71713.62993.54603.46513.38723.31213.23973.16993.0373 54.57974.45184.32954.21244.10023.99273.88973.79083.6048 65.41725.24215.07574.91734.76654.62294.48594.35534.1114 76.23036.00215.78645.58245.38935.20645.03304.86844.5638 87.01976.73276.46326.20985.97135.74665.53485.33494.9676 97.78617.43537.10786.80176.51526.24695.99525.79505.3282 108.53028.11097.72177.36017.02366.71016.41776.14465.6502 Future Value of an Annuity of 1  Periods3%4%5%6%7%8%9%10%12% 33.09093.12163.15253.18363.21493.24643.27813.31003.3744 44.18364.24654.31014.37464.43994.50614.57314.64104.7793 55.30915.41635.52565.63715.75075.86665.98476.10516.3528 66.46846.63306.80196.97537.15337.33597.52337.71568.1152 77.66257.89838.14208.39388.65408.92289.20049.487210.089 88.89239.21429.54919.897510.26010.63711.02911.43612.300 910.15910.58311.02711.49111.97812.48813.02113.58014.776 1011.46412.00612.57813.18113.81614.48715.19315.93717.549 Define interest.     […]

External link to Question : 109.A company issues a check for $362 but records it : 1244430

Question : 109.A company issues a check for $362 but records it : 1244430

109.A company issues a check for $362 but records it as $326. On the bank reconciliation, the $36 error should be   a. added to the balance per books. b. deducted from the balance per bank. c. added to the balance per bank. d. deducted from the balance per books.       110.All of the following bank reconciliation items would result in an entry […]

External link to Question : 81. Austin Company uses a job order cost accounting system. : 1256493

Question : 81. Austin Company uses a job order cost accounting system. : 1256493

    81. Austin Company uses a job order cost accounting system. The company’s executives estimated that direct labor would be $2,000,000 (200,000 hours at $10/hour) and that factory overhead would be $1,500,000 for the current period. At the end of the period, the records show that there had been 180,000 hours of direct labor and $1,200,000 of actual overhead costs. Using direct labor hours […]

External link to Question : 137. Preferred stock that the issuing corporation has the option to : 1257675

Question : 137. Preferred stock that the issuing corporation has the option to : 1257675

  137. Preferred stock that the issuing corporation has the option to retire by paying a specified amount to the preferred stockholders is called:  A. Convertible preferred stock. B. Callable preferred stock. C. Premium stock. D. Cumulative preferred stock. E. Participating preferred stock. 138. Achieving an increased return on common stock by paying dividends on preferred stock at a rate that is less than the rate of return earned with the assets […]

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