External link to Question : 51. Which of the following does not correctly describe the cash : 1228493

Question : 51. Which of the following does not correctly describe the cash : 1228493

  51. Which of the following does not correctly describe the cash basis of accounting?  A. It is not accepted for external reporting purposes. B. Revenues are recognized when cash is collected from customers. C. Expenses are recognized when they are paid for. D. Cash payments for long-term assets are recognized as an expense at the time of payment. 52. A landlord collected $5,000 cash from a tenant for December 2011’s […]

External link to Question : 81.In its first year of operations, a company has sales : 1169336

Question : 81.In its first year of operations, a company has sales : 1169336

    81.In its first year of operations, a company has sales of $100,000, ending finished goods inventory of $9,000, variable manufacturing costs of $50,000, and fixed manufacturing costs of $28,000 for the year. Assuming the company uses direct costing, the manufacturing margin for the year is    A. $22,000.   B. $31,000.   C. $59,000.   D. $13,000.       82.In its first year of operations, a company […]

External link to Question : 101.Sinking funds usually appear the balance sheet as: A.Current asset. B.Long-term investment. : 1237428

Question : 101.Sinking funds usually appear the balance sheet as: A.Current asset. B.Long-term investment. : 1237428

    101.Sinking funds usually appear on the balance sheet as:    A.Current asset.   B.Long-term investment.   C.Current liability.   D.Appropriation of retained earnings.         102.A company issues $50 million of bonds at par on January 1, 2015. The bonds pay 10% interest semi-annually on 12/31 and 6/30 and mature in 20 years. The journal entry when the bonds are sold is:    […]

External link to Question : 21) If a dual-rate cost-allocation method used, what amount of : 1216994

Question : 21) If a dual-rate cost-allocation method used, what amount of : 1216994

  21) If a dual-rate cost-allocation method is used, what amount of cost will be allocated to the Night Light Division? Assume budgeted usage is used to allocate fixed operating costs and actual usage is used to allocate variable operating costs. A) $375,000 B) $435,000 C) $390,000 D) $450,000 22) The dual cost-allocation method classifies costs into two pools, a budgeted cost pool and an […]

External link to Question : 71.Which of the following cost amounts can be found in : 1169335

Question : 71.Which of the following cost amounts can be found in : 1169335

    71.Which of the following cost amounts can be found in a firm’s accounting records?    A. opportunity costs   B. differential costs   C. incremental costs   D. sunk costs         72.A segment of a business probably should be discontinued if    A. its common costs exceed its contribution margin.   B. its contribution margin exceeds its controllable fixed costs and its common costs.   C. it cannot produce […]

External link to Question : 130.An example of a monetary asset is a. Retained Earnings. b. : 1244105

Question : 130.An example of a monetary asset is a. Retained Earnings. b. : 1244105

130.An example of a monetary asset is   a. Retained Earnings. b. Accounts Receivable. c. Land. d. Copyright.       131.Stockholders’ equity of a corporation would not show   a. additional paid-in capital on stock issued. b. the par value of stock issued. c. retained earnings. d. revenues and expenses.       132.All of the following will affect retained earnings, except   a. […]

External link to Question : 65. The payment of wages to factory employees who work directly : 1229496

Question : 65. The payment of wages to factory employees who work directly : 1229496

    65. The payment of wages to factory employees who work directly on the goods being manufactured is recorded by an entry crediting:  A. Wages Expense. B. Direct Labor. C. Work in Process Inventory. D. Cash.     66. Since production employees work directly on the goods being manufactured, the related labor costs are recorded by debiting:  A. Wages Expense. B. Direct Labor. C. Work in Process Inventory. D. Manufacturing Overhead.     67. It […]

External link to Question : 61.O’Hare Company, a manufacturing firm that uses a job-order cost : 1257062

Question : 61.O’Hare Company, a manufacturing firm that uses a job-order cost : 1257062

    61.O’Hare Company, is a manufacturing firm that uses a job-order cost system to determine the costs of its products. During 2014, O’Hare paid $2,100 to production employees who worked on job #132. The entry to record these wages would include an increase to:    A. Cost of goods sold.   B. Work in process inventory.   C. Finished goods inventory.   D. Wage expense.     62.O’Hare Company, […]

External link to Question : 47) Following a strategy of product differentiation, Sting Corporation makes : 1216951

Question : 47) Following a strategy of product differentiation, Sting Corporation makes : 1216951

  47) Following a strategy of product differentiation, Sting Corporation makes a high-end computer monitor, CM7. Sting Corporation presents the following data for the years 2012 and 2013:   20122013 Units of CM 7 produced and sold5,0005,500 Selling price$400$440 Direct materials (pounds)15,00015,375 Direct materials costs per pound$40$44 Manufacturing capacity for CM7 (units)10,00010,000 Conversion costs$1,000,000$1,100,000 Conversion costs per unit of capacity$100$110 Selling and customer-service capacity (customers)6058 […]

External link to Question : 16) The seller of product A has idle capacity and : 1186214

Question : 16) The seller of product A has idle capacity and : 1186214

  16) The seller of product A has idle capacity and has no alternative use for the excess capacity. The seller can sell each unit at $10. Outlay cost is $2. What is the opportunity cost of selling internally? A) $0 B) $8 C) $10 D) $12 E) $16   17) The general guideline for determining the minimum transfer price is A) cover all employee […]

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more