When direct labor hours for Job 17 are 50 and the predetermined factory overhead rate is $15/direct labor hour, what is the applied factory overhead amount?
a. $15; b. $255; c. $750; d. $850; e. none of these.
C
You might also like to view...
Value Chain Management SystemDAC Technologies engages in the development, manufacture, and marketing of consumer products primarily for hunters, outdoorsmen, sportsmen, and recreational enthusiasts in the United States. In an effort to obtain a competitive advantage over competitors, the company decides to implement value chain management. Ronald, the strategic manager of the firm, is assigned to form a value chain strategy and implement a value chain management system. He finds it challenging because of the employees' reluctance to shake up the status quo.Identify the example which is most similar to the DAC example mentioned above.
A. Yummy Chocolates, Inc. finds it difficult to implement a value chain management system due to the lack of trust between its partners and employees. B. An organization refrains from implementing a value chain management system due to the lack of necessary capabilities and technology. C. The value chain system implementation at SiteSeon Technologies becomes a failure due to the management's inability to lead the change. D. Montec Electronics, Inc. faces difficulties in implementing a value chain management system because employees are apprehensive about the changes it entails.
Use Table 12-1 from your text to calculate the future value of the annuity due, rounding to the nearest cent: Annuity Payment Time Nominal Interest Future Value Payments Frequency Period Rate Compounded of the Annuity $6,000 every year 12 years 10% annually __________
What will be an ideal response?
The primary basis of accounting for inventories is cost. A departure from the cost basis of pricing the inventory is required where there is evidence that when the goods are sold in the ordinary course of business their
a. selling price will be less than their replacement cost. b. replacement cost will be more than their net realizable value. c. cost will be less than their replacement cost. d. future utility will be less than their cost.
Portia has a high-risk tolerance, so she decides to use futures contracts to buy lumber in spite of the fact that the United States may be placing tariffs on Canadian lumber. Portia is most likely
A. buying exchange-traded funds. B. engaging in commodities trading. C. diversifying her portfolio. D. investing in mutual finds that focus on lumber. E. buying stock in Canadian companies.