After an amendment to the corporate charter has been approved, it must be filed with the Secretary of State
Indicate whether the statement is true or false
True
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KRD Supplies Corporation provided the following information for the year
Beginning Balance-Work-in-Process Inventory $24,000 Ending Balance-Work-in-Process Inventory 58,000 Beginning Balance-Raw Materials Inventory 85,000 Ending Balance-Raw Materials Inventory 61,000 Purchases-Raw Materials 359,000 Direct Labor 470,000 Indirect Labor 21,000 Depreciation on Factory Plant and Equipment 24,000 Plant Utilities and Insurance 268,000 What was the amount of the manufacturing overhead costs? A) $313,000 B) $45,000 C) $292,000 D) $491,000
Orangetree Pharma's demand for test tubes is 72,000 units. If the lead time for placing an order is 5 days, then an order should be placed at an inventory level of: (Assume 360 days in a year)?
A. 625 units.? B. ?800 units. C. ?1,250 units. D. ?1,000 units. E. ?2,500 units.
Which one of the following is a huge advantage for small business owners to start a business?
A. Benefit the stakeholders B. Desire to be efficient and productive C. Desire to be one's own boss D. Desire to work for others
Recht Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $9.30 per machine-hour and fixed manufacturing overhead cost of $17,940 per period. If the denominator level of activity is 1,200 machine-hours, the fixed element in the predetermined overhead rate would be:
A. $9.30 B. $930.00 C. $24.25 D. $14.95