Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on an estimate of 20,000 direct labor-hours to be worked during the year. Actual costs and activity during the year were: Actual manufacturing overhead cost incurred$38,000Actual direct labor-hours worked 18,500 The overapplied or underapplied manufacturing for the year was:
A. $3,000 overapplied
B. $1,000 underapplied
C. $1,000 overapplied
D. $3,000 underapplied
Answer: B
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Park, Inc purchased merchandise from Jay Zee Music Company on June 5, 2015 . The goods were shipped the same day. The merchandise's selling price was $15,000 . The credit terms were 1/10, n/30 . The shipping terms were FOB shipping point. Park received the merchandise on June 10, 2015 . Park paid the amount due on June 13, 2015. Who is responsible for payment of the transportation costs on the
merchandise sold by Jay Zee Music to Park? a. Jay Zee Music Company b. Park, Inc. c. Split equally between the two companies d. Cannot be determined from the information provided
The ________ method is based on the maximum distance or the furthest neighbor approach
A) single linkage B) medium linkage C) complete linkage D) average linkage
The ________ method for solving nonlinear programming problems is referred to as substitution
A) least complex B) most complex C) most difficult D) least difficult
When ViviTech embraced a high-performance work system, supervisors saw their roles change as there were fewer layers of management and a focus on team-based organization.
Answer the following statement true (T) or false (F)