External link to Question : 138.Zhang Industries budgets production of 300 units in June and : 1258646

Question : 138.Zhang Industries budgets production of 300 units in June and : 1258646

  138.Zhang Industries budgets production of 300 units in June and 310 units in July. Each unit requires 1.5 hours of direct labor. The direct labor rate if $14 per hour. The indirect labor rate is $21.00 per hour. Compute the budgeted direct labor cost for July.    A. $6,300. B. $6,510. C. $9,450. D. $9,765. E. $16,275. 310 * 1.5 * $14 = $6,510 139.Zhang Industries is preparing a cash […]

External link to Question : 121. A corporation borrowed $125,000 cash by signing a 5-year, 9% : 1225300

Question : 121. A corporation borrowed $125,000 cash by signing a 5-year, 9% : 1225300

  121. A corporation borrowed $125,000 cash by signing a 5-year, 9% installment note requiring equal annual payments each December 31 of $32,136. What journal entry would the issuer record for the first payment?  A. Debit Interest Expense $7,136; debit Notes Payable $25,000; credit Cash $32,136. B. Debit Notes Payable $32,136; debit Interest Payable $11,250; credit Cash $43,386. C. Debit Interest Expense $11,250; debit Notes Payable $20,886; credit Cash […]

External link to Question : 26) The method that measures the time it will take : 1186171

Question : 26) The method that measures the time it will take : 1186171

  26) The method that measures the time it will take to recoup, in the form of cash inflows, the total dollars invested in a project is called A) the accrued accounting rate of return method. B) payback. C) internal rate of return method. D) the book-value method. E) the NPV. 27) The net initial investment for a new mainframe computer is $2,000,000. Annual cash […]

External link to Question : 125.Using the information below for Laurels Company; determine the cost : 1258451

Question : 125.Using the information below for Laurels Company; determine the cost : 1258451

  125.Using the information below for Laurels Company; determine the cost of goods manufactured during the current year:  Direct materials used$5,000 Direct Labor7,000 Total Factory overhead5,100 Beginning work in process3,000 Ending work in process4,000    A. $12,000. B. $16,100. C. $17,100. D. $18,100. E. $13,600. 126.Using the information below for Sundar Company; determine the total manufacturing costs added during the current year:  Direct materials used$19,000 Direct labor used24,500 Factory overhead55,100 […]

External link to Question : 91. Which method of depreciation will result in the greatest depreciation : 1245647

Question : 91. Which method of depreciation will result in the greatest depreciation : 1245647

    91. Which method of depreciation will result in the greatest depreciation charge in the last year of the asset’s life?  A. 125% declining balance B. straight-line C. 150% declining balance D. sum-of-the-years’ digits E. double declining balance   92. Clayton Drug Company purchases a patent from its creator. Which of the following is/are true?  A. A patent has a legal life of up to 40 years. B. Management’s expectations of technological change […]

External link to Question : 2.2   Multiple-Choice Questions 1) Which of the following an example of : 1222562

Question : 2.2   Multiple-Choice Questions 1) Which of the following an example of : 1222562

  2.2   Multiple-Choice Questions 1) Which of the following is an example of sanctions in civil cases? A) capital punishment B) home confinement C) probation D) compensation for economic damages 2) Which of the following best describes civil justice? A) justice between parties to a dispute, regardless of any larger principles that might be involved B) justice concerned with the private affairs of citizens and […]

External link to Question : 41. The way in which financial statements relate known as: A. Solvency.B. Objectivity.C. Articulation.D. Entity. 42. If tota : 1229559

Question : 41. The way in which financial statements relate known as: A. Solvency.B. Objectivity.C. Articulation.D. Entity. 42. If tota : 1229559

    41. The way in which financial statements relate is known as:  A. Solvency. B. Objectivity. C. Articulation. D. Entity.   42. If total assets equal $270,000 and total liabilities equal $202,500, the total owners’ equity must equal:  A. $472,500. B. $67,500. C. $270,000. D. Cannot be determined from the information given.   43. Which of the following best defines an asset?  A. Something with physical form that is valued at cost in the accounting records. […]

External link to Question : 71.In the fixed-percentage-of-declining-balance depreciation method, the book value of the : 1237701

Question : 71.In the fixed-percentage-of-declining-balance depreciation method, the book value of the : 1237701

    71.In the fixed-percentage-of-declining-balance depreciation method, the book value of the asset is multiplied by:    A. An increasing depreciation rate.   B. A constant depreciation rate.   C. A decreasing depreciation rate.   D. A rate that changes each year but is determined from a table.         72.Which of the following situations is impossible?    A. Book value is greater than residual value.   B. Book value is […]

External link to Question : 138.The City of Thomasville maintains its books so as to : 1255512

Question : 138.The City of Thomasville maintains its books so as to : 1255512

  138.The City of Thomasville maintains its books so as to prepare fund accounting statements and prepares worksheet adjustments in order to prepare government-wide financial statements.  Required:  You are to prepare, in journal form, worksheet adjustments for each of the following situations. A.General fixed assets, as of the beginning of the year, which had not been recorded, were as follows:   Land $  57,000,000 Buildings […]

External link to Question : 41) What the major relevant costs in maintaining safety stock? 41) ______ : 1196175

Question : 41) What the major relevant costs in maintaining safety stock? 41) ______ : 1196175

  41) What are the major relevant costs in maintaining safety stock? 41) ______ A) carrying costs and purchasing costs B) ordering costs and purchasing costs C) stockout costs and carrying costs D) stockout costs and purchasing costs E) ordering costs and stockout costs 42) Party Animals sells stuffed tigers. Products, Inc. manufactures all sorts of stuffed animals. Party Animals orders 10,400 tigers per year, […]

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