Cai Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year. Raw MaterialsBal. 1/117,000Credits?Debits97,000 Bal. 12/3130,000 Work In ProcessBal. 1/119,000Credits506,000Direct materials74,000 Direct labor13,000 Overhead applied257,000 Bal. 12/31? The cost of indirect materials requisitioned for use in production during the year was:
A. $13,000
B. $40,000
C. $74,000
D. $10,000
Answer: D
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George just bought a new phone. However, almost immediately he started experiencing glitches. George called the phone company's helpline. He was surprised to find that the helpline was entirely automated. The automated helpline described some common problems that customers might experience and provided instructions on what to do. George followed the instructions and his phone started working correctly. Although George was happy that the problem was fixed, he was frustrated that the entire process was automated. George would prefer to have a higher degree of ____________________ when he calls in to ask for help.
A. product-based relationships B. tangibility C. inseparability D. heterogeneity E. customer contact
Marketing strategy becomes more accountable when organizations base decisions on analytics.
Answer the following statement true (T) or false (F)
Which of the following is NOT true with regard to the serial approach in a large-scale production project?
a. It is slow. b. It is costly. c. Is used in designing for recycling. d. It may require frequent engineering changes.
The federal government's authority to govern economic matters flows from the Commerce Clause
a. True b. False Indicate whether the statement is true or false