Fantastic Futons goes through two departments in the production process. Each futon requires two direct labor hours in Department A and one hour in Department B. Labor cost is $8 per hour in Department A and $10 per hour in Department B. Assuming the amount budgeted to be produced in January is 30,000 units, what is the budgeted direct labor cost for January?
a. $810,000
b. $840,000
c. $780,000
d. $540,000
C
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Some investing and financing transactions do not involve cash and therefore
a. appear on the statement of cash flows under operating, investing or financing activities, as appropriate. b. appear on the statement of cash flows under operating activities. c. appear on the statement of cash flows under operating or financing activities, as appropriate. d. appear on the statement of cash flows under investing or financing activities, as appropriate. e. do not appear on the statement of cash flows.
The account which records the difference between the cash needed for replenishment and amount of receipts is called:
A) Petty Cash. B) Cash Over and Short. C) Cash Equivalents. D) Discrepancy Expense.
Walmart sells numerous products, including packaged food, produce, automotive maintenance services, eyeglasses, clothing, and toys. Walmart advertises itself as a store where "we save people money so they can live better," focusing on its low prices as the customer's most important need. Walmart's advertising appears to use a(n) _____ strategy to a market that is _____.
A. undifferentiated; homogeneous B. undifferentiated; heterogeneous C. differentiated; homogeneous D. homogeneous; differentiated E. heterogeneous; undifferentiated
A data item does not exist in a vacuum. It exists in relation to other data and to its context
Indicate whether the statement is true or false