Bolander Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:Total machine-hours70,000Total fixed manufacturing overhead cost$ 294,000Variable manufacturing overhead per machine-hour$ 2.30 Recently, Job M825 was completed with the following characteristics:Number of units in the job20Total machine-hours80Direct materials$ 665Direct labor cost$ 1,840The amount of overhead applied to Job M825 is closest to:
A. $336
B. $704
C. $184
D. $520
Answer: D
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The completeness assertion refers to ensuring that transactions and events that should have been recorded actually have been recorded.
Answer the following statement true (T) or false (F)
If you plan to invest $10,000 and want to determine how much will be accumulated in six years if you earn interest at 7% per year, you would calculate this using the future value of an annuity
a. True b. False Indicate whether the statement is true or false
A 10% glucose solution is placed in the thistle tube. The thistle tube is placed in a beaker that contains a 5% glucose solution. There is a differentially permeable membrane across the broad end of the tube, which is permeable to water but not to the sugar glucose. As diffusion occurs, 
A. the 10% solution will become less concentrated and the 5% solution will become more concentrated. B. the 10% solution will become more concentrated and the 5% solution will become less concentrated. C. both solutions will become more concentrated. D. both solutions will become less concentrated.
Among the different levels of development, which one is probably the most prevalent, according to the authors?
a. pre-conventional b. conventional c. post-conventional d. modern ethical