Which of the following would be included as indirect manufacturing costs for a manufacturing company?
A) sales commissions
B) fuel and maintenance for delivery vehicles
C) wages of the assembly line workers
D) wages of the factory manager
D
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Flake Company accepted a check from Ramos Company as payment for services rendered by Flake Company. Later Flake's bank statement revealed that Ramos' check was an NSF check. Recognizing the NSF check on Flake's books would act to:
a. Decrease total assets b. Decrease total owners' equity c. Both a. and b. d. Have no effect on Total Assets
Based on the following, what is the total manufacturing overhead variance for the total product cost flexible budget variance?
A) $725 F
B) $350 U
C) $725 U
D) $425 F
How does advertising differ from any other form of promotion?
A. It tries to attract attention to the firm and its offerings without having to pay media costs. B. It is any unpaid form of nonpersonal presentation of ideas, goods, or services. C. It is the main form of personal selling which includes the use of traditional media as well as new media. D. It must be paid for, while another form of mass selling-publicity-is unpaid. E. It involves direct spoken communication between sellers and potential customers.
A promise to grant a mortgage on real property does not require a writing because it is not a transfer of land
Indicate whether the statement is true or false