Joint costs occur after the split-off point in a production process
Indicate whether the statement is true or false
F
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Electro Locomotors (EL) Inc engages in the manufacture, distribution, and marketing of custom vehicles in Brazil. Bono, a hybrid car brand that the company produces, is a market leader in the hybrid vehicles segment
With the increased global focus on nature-friendly vehicles and governmental subsidies for companies that manufacture hybrid vehicles, competition has increased for flex-fuel cars like Bono. The heads of the R&D team at EL are in a creative session to generate ideas for improvements to Bono. They consider each part of the car and discuss the possibilities of improvements in each of them. Identify the creativity technique used here. A) attribute listing B) forced relationship analysis C) morphological analysis D) reverse assumption analysis E) mind mapping
Which skill set of Emotional Intelligence focuses on when a person can be open to their own feelings and the emotions of those around them?
A. identifying emotions B. using emotions C. understanding emotions D. managing emotions
Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department: Units:Beginning Inventory: 25,000 units, 100% complete as to materials and 55% complete as to conversion.Units started and completed: 110,000.Units completed and transferred out: 135,000.Ending Inventory: 30,000 units, 100% complete as to materials and 30% complete as to conversion. Costs:Costs in beginning Work in Process - Direct Materials: $43,000.Costs in beginning Work in Process - Conversion: $48,850.Costs incurred in February - Direct Materials: $287,000.Costs incurred in February - Conversion: $599,150. Calculate the equivalent units of conversion.
A. 144,000 B. 140,000 C. 110,000 D. 165,000 E. 130,250
Under which type of tenancy is the tenant technically a trespasser?
A) Tenancy at will B) Tenancy under lease C) Tenancy for years D) Tenancy at sufferance E) Periodic tenancy