Japan has established trade barriers in the form of tariffs against
A. U.S. beef, citrus, and dairy products.
B. European automakers.
C. Chinese vegetables and fruits, but not rice.
D. European electrical goods.
Answer: A
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Lakeland Chemical manufactures a product called Zing. Direct materials are added at the beginning of the process, and conversion activity occurs uniformly throughout production. The beginning work-in-process inventory is 60% complete with respect to conversion; the ending work-in-process inventory is 20% complete. The following data pertain to May: Units Work in process, May 1 15,000 Units started during May 60,000 Units completed and transferred out 68,000 Work in process, May 31 7,000 Total Direct Materials Conversion CostsCosts: Work in process, May 1$41,250 $16,500 $24,750 Costs incurred during May 234,630 72,000 162,630 Totals$275,880 $88,500 $187,380 Using the weighted-average method of process costing, the cost per unit
of direct materials is: A. $1.17. B. $1.20. C. $1.18. D. $1.28. E. None of the answers is correct.
Which of the following depicts the correct progression of a case through the federal court system? I. Supreme Court II. Circuit Court of Appeals (one of twelve) III. U.S. District Court
a. I, II, III b. II, I, III c. III, II, I d. I, III, II
Which of the following financial institutions of the World Bank provides funds to private companies?
A. the International Development Association B. the International Bank for Reconstruction and Development C. the International Finance Corporation D. the International Centre for Settlement of Investment Disputes
Callie's Canine Cottage has 45 kennels for boarding dogs. During June, July, August, November and December, each of the kennels is booked. During these months, Callie's always charges its regular price of $15 per day per kennel. When business is slow, Callie's sometimes charges a discounted rate of $13 per day per kennel for the first 25 kennels booked and $15 for the rest. On September 15, Callie's filled 25 kennels at $13 per day and 10 kennels at $15 per day. Calculate Callie's yield for September 15.
What will be an ideal response?