Which of these three characteristics (I, II, and III) are required in order for a promised good or service to be considered distinct? Commercial substance Distinct within the context of the contract Capable of being distinct
A) I and II only
B) I and III only
C) II and III only
D) I, II, and III
C
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Portside Watercraft uses a job order costing system. During one month Portside purchased $173,000 of raw materials on credit; issued materials to production of $164,000, of which $24,000 were indirect. Portside incurred a factory payroll cost of $95,000, of which $25,000 was indirect labor. Portside uses a predetermined overhead rate of 170% of direct labor cost. The journal entry to record the allocation of factory wages to production is:
A. Debit Work in Process Inventory $95,000; credit Cash $95,000. B. Debit Work in Process Inventory $95,000; credit Factory Wages Payable $95,000. C. Debit Work in Process Inventory $70,000; debit Factory Overhead $25,000; credit Factory Wages Payable $95,000. D. Debit Work in Process Inventory $70,000; debit Factory Overhead $25,000; credit Cash $95,000. E. Debit Factory Wages Payable $95,000; credit Cash $95,000.
A quality-inspection cost is an example of unit-level costs.
Answer the following statement true (T) or false (F)
All of the following are characteristics of culture EXCEPT:
A. culture is pervasive B. culture is learned C. culture is functional D. culture is an inherent trait E. culture is dynamic
In which of the following countries would an employee be the least likely to rebut a performance review?
A. Japan B. Saudi Arabia C. United States D. All of the choices are correct.