Which of the following would appear as an extraordinary item on the income statement?
A) loss resulting from the sale of fixed assets
B) gain resulting from the disposal of a segment of the business
C) loss from land condemned for public use
D) liquidating dividend
C
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Harring, Inc., manufactures and sells two products: Product P0 and Product W2. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-HoursProduct P0900 6.0 5,400 Product W2200 7.0 1,400 Total direct labor-hours 6,800 The direct labor rate is $17.90 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per UnitProduct P0$242.20 Product W2$151.30 The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:Activity Cost PoolsActivity MeasuresEstimated Overhead CostExpected
Activity???Product P0Product W2TotalLabor-relatedDLHs$303,144 5,4001,4006,800Machine setupssetups 52,332 6008001,400Order sizeMHs 739,125 4,1004,0008,100 $1,094,601 The overhead applied to each unit of Product W2 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) A. $1,825.00 per unit B. $1,126.79 per unit C. $995.09 per unit D. $2,286.58 per unit
When the effective interest method of amortization is used for a bond premium, the amount of premium to be amortized for a period is calculated by subtracting the amount of bond interest expense for the period from the amount of cash to be paid for interest for the same period
Indicate whether the statement is true or false
The STAR Method, which stands for situation, task, action, and result, is a well-established method of responding to behavioral questions
Indicate whether the statement is true or false.
Do you agree that people who work together can date? How might dating lead to sexual harassment? Should organizations have policies about employee dating? If they have policies, what should the policies include?
What will be an ideal response?