A lumber mill bought a shipment of logs for $40,000. When cut, the logs produced a million board feet of lumber in the following grades. Compute the cost to be allocated to Type 1 and Type 2 lumber, respectively, if the value basis is used. Type 1-400,000 bd. ft. priced to sell at $0.12 per bd. ft.Type 2- 400,000 bd. ft. priced to sell at $0.06 per bd. ft.Type 3- 200,000 bd. ft. priced to sell at $0.04 per bd. ft.
A. $13,333; $4,444.
B. $16,000; $16,000.
C. $40,000; $24,000.
D. $24,000; $12,000.
E. $24,000; $8,000.
Answer: D
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Seldomridge, Inc., manufactures and sells two products: Product I5 and Product U0. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected ProductionDirect Labor-Hours Per UnitTotal Direct Labor-HoursProduct I57007.04,900Product U020010.02,000Total direct labor-hours 6,900The direct labor rate is $24.40 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per UnitProduct I5$116.10Product U0$212.10The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: EstimatedExpected ActivityActivity Cost PoolsActivity MeasuresOverhead CostProduct
I5Product U0TotalLabor-relatedDLHs$246,4684,9002,0006,900Product testingtests 10,494500400900Order sizeMHs 837,6604,7004,5009,200 $1,094,622 The unit product cost of Product U0 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) A. $1,672.35 per unit B. $2,042.50 per unit C. $2,885.25 per unit D. $2,504.73 per unit
Which of the following is true about conducting effective meetings?
A. Authoritative supervisors should allow participants to go off on tangents as far as possible. B. Agendas should be avoided in order to keep meetings flexible and accommodate employee suggestions. C. Supervisors should steer discussions back on course by focusing on the effects of particular behaviors displayed by participants. D. A supervisor should refrain from concluding a meeting by scheduling another follow-up meeting.
Management includes attention toward financing the business, hiring employees, marketing, and record keeping.
Answer the following statement true (T) or false (F)
The Immigration Reform and Control Act:
A. prohibits discrimination based on citizenship only when the individual has obtained U.S. citizenship. B. prohibits both disparate treatment and disparate impact discrimination. C. applies to employees working within and outside the United States. D. prohibits discrimination based on citizenship when the employee is an authorized alien.