The amount of a transaction may be immaterial by company standards but still be considered significant by financial statement users
a. True
b. False
Indicate whether the statement is true or false
True
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Leadership styles identified by the path-goal model are directive, participative, supportive, and ______.
a. authoritative b. achievement-oriented c. informative d. task-oriented
Knowing the audience for a business presentation involves
a. identifying their ages, incomes, occupations, and gender. b. understanding their perspective on the topic you will present. c. understanding why the topic you will present is important to them. d. all of the above.
Niles Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year: Beginning inventories: Raw materials$47,000 Work in process$20,000 Estimated total manufacturing overhead at the beginning of the year$646,250 Estimated direct labor-hours at the beginning of the year 47,000direct labor-hours Results of operations: Raw materials purchased on account$538,000 Raw materials (all direct) requisitioned for use in production$535,000 Direct labor cost$699,000 Actual direct labor-hours 37,000direct labor-hoursManufacturing overhead: Indirect labor cost$134,000 Other manufacturing overhead costs incurred$453,000 Cost of goods manufactured$1,568,000 The ending balance in the Work in Process inventory
account is: (Round your intermediate calculations to 2 decimal places.) A. $194,750 B. $154,750 C. $214,225 D. $174,750
Duve Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (2,000 units)$40,000Variable expenses 24,000Contribution margin 16,000Fixed expenses 11,200Net operating income$4,800 If the selling price increases by $4 per unit and the sales volume decreases by 200 units, the net operating income would be closest to:
A. $12,800 B. $11,520 C. $10,400 D. $7,200