Armed only with his fingers, the owner decides that the safest forecasting approach is a weighted moving average using 0.6, 0.3, and 0.1 for the most recent three
His fingers are aching by the time he reaches May and he is worried about his ability to stuff tacos during tomorrow's dinner rush. Help him out by finding the forecast for June.
A) 583.5
B) 573.9
C) 636.3
D) 673
Answer: B
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Using the allowance method of accounting for uncollectible receivables requires an estimate of the amount of receivables that will not be collected.
Answer the following statement true (T) or false (F)
Prather Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 50,000Total fixed manufacturing overhead cost$285,000Variable manufacturing overhead per direct labor-hour$3.80Recently, Job P513 was completed with the following characteristics: Number of units in the job 10Total direct labor-hours 20Direct materials$710Direct labor cost$500The estimated total manufacturing overhead is closest to:
A. $475,000 B. $285,004 C. $285,000 D. $190,000
Organizations that operate under both nonprofit and for-profit legal forms are referred to as ______ organizations.
A. hybrid B. social sector C. civil service D. voluntary sector
A good method for holding down premiums on disability income protection is to
A) shorten the benefit period. B) reduce the monthly benefit. C) lengthen the elimination period. D) look for generally available federally-subsidized coverage.