Which of the following international treaty on global warming was adopted with the Rio Declaration?
A. the Western Climate Initiative
B. the Kyoto Protocol
C. the United Nations Convention on the Law of the Sea
D. the United Nations Framework Convention on Climate Change
D
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JJ Distributors Ltd. buys electronic products from manufacturers for wholesale and sells them to various retail outlets. To which of the following markets does JJ Distributors Ltd. directly cater?
A) business markets B) reseller markets C) manufacturer markets D) supplier markets E) consumer markets
Golden Glow Company manufactures candles. The standard direct materials quantity required to produce one large candle is 1 pound at a cost of $5 per pound. Every candle requires 2 direct labor hours at a standard cost of $3 per direct labor hour. During November, 7,200 large candles were produced using 7,500 pounds costing $45,000. At the end of November, an examination of the labor cost records showed that the company used 15,000 direct labor hours (DLHr) at a cost of $4 per hour.
Using the format below, prepare an analysis of the direct labor cost variances.
Warranties of a person obtaining payment or acceptance of an unaccepted draft include:
a. the warrantor is a person entitled to enforce the draft. b. the warrantor has no knowledge that the drawer's signature is unauthorized. c. the draft has not been altered. d. All of these are correct.
Use the following company information to prepare a schedule of significant noncash investing and financing activities:(a) Sold a building with a book value of $300,000 for $225,000 cash and sold land with a book value of $40,000 for $65,000 cash.(b) Issued 15,000 shares of $10 par value common stock in exchange for equipment with a market value of $175,000.(c) Retired a $100,000, 8% bond by issuing another $100,000, 7% bond issue.(d) Acquired land by issuing a twenty-year, 5%, $73,000 note payable.
What will be an ideal response?