Job order cost cards and cost flows through the inventory accounts form the core of a job order costing system
Indicate whether the statement is true or false
True
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Licensing is a contractual agreement whereby one company (the licensor) makes a legally protected asset available to another company (the licensee) in exchange for royalties, license fees, or some other form of compensation
Indicate whether the statement is true or false
Specific implementations of delimited text are called TSV. What does TSV stands for?
a. toxicity screening value b. time segmented volume c. tab separated values d. tactical secure voice
Carns Company is considering eliminating its small tools division, which reported an operating loss for the recent year of $85,000. Division sales for the year were $1,310,000 and its variable costs were $1,175,000. The fixed costs of the division were $220,000. If the kitchen division is dropped, 45% of the fixed costs allocated it could be eliminated. The impact on Carns's operating income from eliminating the small tools division would be:
A. $74,200 decrease B. $220,000 decrease C. $99,000 decrease D. $36,000 increase E. $36,000 decrease
Deborah purchased a boat from Sun ‘N Surf Marine. She later learned that the salesman had made misrepresentations to induce her to make the purchase. Under UCC Section 2-721, Deborah can rescind the contract:
a. only if the misrepresentation was fraudulent. b. and sue for damages whether the misrepresentation was fraudulent or innocent. c. but cannot sue for damages if the misrepresentation was innocent. d. but must forego all other remedies.