A cost transferred from a prior process to a subsequent process is referred to as
A) work in process transfer
B) beginning work in process
C) transferred in cost
D) costs added in
C
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Answer the following statements true (T) or false (F)
An example of the behavioral influence chain occurring would be thinking about fishing, skipping work, and feeling guilty about skipping work.
U.S. GAAP treatment of a defined benefit pension plan requires employers to recognize the funded status as _____, if the pension plan(s) is/are overfunded and _____, if the pension plan(s) is/are underfunded, and an adjustment to Other Comprehensive Income, a shareholders' equity account that is _____, for the offsetting amount
a. an asset; a liability; not part of net income b. an asset; a liability; part of net income c. a liability; an asset; not part of net income d. a liability; an asset; part of net income e. none of the above
Any lawsuit against the business or its employees does not lead to unlimited personal liability for the owner of a sole proprietorship
Indicate whether the statement is true or false
Jeff is willing to invest $5000 in buying shares and bonds of a company to gain maximum returns. From his past experience, he estimates the relationship between returns and investments made in this company to be:
R = –2S2 – 9B2 – 4SB + 20S + 30B.
where, R = total returns in thousands of dollars S = thousands of dollars spent on Shares B = thousands of dollars spent on Bond Jeff would like to develop a strategy that will lead to maximum return subject to the restriction provided on amount available for investment.
a. What is the value of return if $3,000 is invested in shares and $2,000 is invested bonds of the company? b. Formulate an optimization problem that can be solved to maximize the returns subject to investing no more than $5,000 on both share and bonds. c. Determine the optimal amount to invest in shares and bonds of the company. How much return will Jeff gain? Round all your answers to two decimal places.