Holmstrom Corporation has provided the following data concerning last month's operations. Direct materials$14,000Direct labor cost$58,000Manufacturing overhead applied to Work in Process$79,000 BeginningEndingWork in process inventory$47,000 $53,000 Finished goods inventory$41,000 $42,000 How much is the cost of goods available for sale on the Schedule of Cost of Goods Sold?
A. $145,000
B. $186,000
C. $144,000
D. $138,000
Answer: B
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Criner Inc. reported the following results from last year's operations:Sales$16,100,000Variable expenses12,330,000Contribution margin3,770,000Fixed expenses3,126,000Net operating income$644,000Average operating assets$7,000,000At the beginning of this year, the company has a $1,800,000 investment opportunity with the following characteristics:Sales$1,980,000 ?Contribution margin ratio30%of salesFixed expenses$475,200 ?Required:1. What was last year's return on investment (ROI)? (Round to the nearest 0.1%.)2. If the company pursues the investment opportunity and otherwise performs the same as last year, what will be the overall ROI will this year? (Round to the nearest 0.1%.)
What will be an ideal response?
The majority of your writing on the job will involve ________
A) negative messages B) routine, positive messages C) persuasive messages D) entertaining messages
Stress basically comes from two basic sources which are
A. physical and emotional activity. B. mental impairment and outside influences. C. family and friends. D. emotional distress and work overload.
What is a popular measurement scale for service quality that compares service expectations with service performance?
A) COQ B) SPC C) KAIZEN D) SERVQUAL E) TQM