Johnson Manufacturing has the following selected information available for the year: Direct material purchased $ 40,000 Direct material used 45,000 Direct labor incurred 75,000 Manufacturing overhead incurred 50,000 Cost of goods manufactured 100,000 In addition, the cost of the finished goods inventory increased by $10,000 from the beginning to the end of the year. Cost of goods sold for the
year is:
A) $ 80,000.
B) $170,000.
C) $ 90,000.
D) $110,000.
C
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Economic globalists would support all of the following, except:
A) Elimination of protectionist economic policies B) India and China becoming more economically powerful C) Legal requirements that foreign countries must invest in Canada D) Foreign investment in Canadian oil sands production E) Canadian direct investment abroad
Organizations that follow the societal marketing concept most likely practice socially and environmentally responsible marketing
Indicate whether the statement is true or false
Self-regulation refers to
A. a set of rules created and enforced by the FTC to which all members of an industry voluntarily agree to comply. B. a self-imposed set of rules set by a specific industry watchdog group that dictates legal and ethical behaviors. C. voluntary compliance to governmental rules and regulations set for a specific industry. D. governmental guidelines that suggests what is legal and ethical and what is not. E. an alternative to government control where an industry attempts to police itself.
Overall for firms, which is more time consuming to patch?
A) Applications B) Operating systems C) Both are about equally time consuming to patch D) None of the above