In the forming stage of group development, members agree on how to behave and work together. _________________________
Answer the following statement true (T) or false (F)
False
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Appropriation of retained earnings means that a certain amount of cash has been set aside by the corporation for a specific purpose
Indicate whether the statement is true or false
For each of the following activities, indicate an appropriate allocation base
Activity Allocation Base Warranty Services-Providing service for defective products Setup-Setting up machines for production Shipping-Shipping finished products to customers Machining-Machine usage Purchasing-Purchasing raw materials What will be an ideal response
Morataya Corporation has two manufacturing departments-Machining and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: MachiningAssemblyTotalEstimated total machine-hours (MHs) 7,000 3,000 10,000Estimated total fixed manufacturing overhead cost$39,200$6,600$45,800Estimated variable manufacturing overhead cost per MH$1.90$2.10 During the most recent month, the company started and completed two jobs-Job B and Job G. There were no beginning inventories. Data concerning those two jobs follow: Job BJob GDirect materials$14,800$8,300Direct labor cost$22,000$8,900Machining machine-hours 4,800 2,200Assembly machine-hours 1,200 1,800Assume that the company uses a plantwide predetermined manufacturing overhead rate
based on machine-hours. The amount of manufacturing overhead applied to Job G is closest to: (Round your intermediate calculations to 2 decimal places.) A. $14,388 B. $11,772 C. $26,160 D. $18,320
If a union is certified, the employer is then required to negotiate with the union for at least a period of ________
A) six months B) five years C) one year D) three years E) three months