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d
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Mandato Corporation has provided the following data for its two most recent years of operation: Selling price per unit$50 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$10Direct labor$6Variable manufacturing overhead$5Fixed manufacturing overhead per year$72,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$5Fixed selling and administrative expense per year$70,000 Year 1Year 2Units in beginning inventory03,000Units produced during the year9,0008,000Units sold during the year6,0009,000Units in ending inventory3,0002,000The net operating income (loss) under variable costing in Year 1 is closest to:
A. $174,000 B. $2,000 C. $26,000 D. $144,000
The following transactions occurred last year at Dempsey Inc Issuance of common stock $ 50,000 Dividends paid to common stockholders 3,000 Depreciation Expense 6,000 Repayment of principal on the company's own bonds 40,000 Sale of equipment 17,000 Purchase of land 120,000 Based solely on the above information, the net cash flows from financing activities for the year on the statement cash flows
would be: A) $249,000. B) $7,000. C) $(103,000). D) $(6,000).
If the number of unique assignments is less than the number of rows, then a ________ test must be used
Fill in the blank with correct word.
Which one of the following is NOT true of a criminal suit?
A) A criminal suit is brought by the government, not by an individual. B) In a criminal suit, guilt is never presumed. C) One purpose of a criminal suit is compensation for the victim. D) A criminal suit requires a higher burden of proof than a civil suit.