Under process costing, the ________ account is credited to adjust for underallocated overhead costs. The perpetual inventory system is used.
A) Cost of Goods Sold
B) Sales Revenue
C) Manufacturing Overhead
D) Finished Goods Inventory
C) Manufacturing Overhead
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Temporary investments
a. are reported as current assets b. include cash equivalents c. do not include equity securities d. all are correct
Answer the following statements true (T) or false (F)
1. We are most likely to form relationships with people who inhabit space with us. 2. Confirming the popular thought that “opposites attract,” similarity is less attractive to us than is dissimilarity. 3. Communication with or between persons who approach one another in a relationship is referred to as intrapersonal communication. 4. According to the Social Penetration Model, after peeling back the outermost layers, an individual exposes his or her core, or most basic self. 5. The middle layers of the social penetration model expose our deepest fears, our greatest hopes, and our spiritual values.
Dallavalle Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Variable costs per unit: Direct materials$93Fixed costs per year: Direct labor$320,000Fixed manufacturing overhead$2,144,000Fixed selling and administrative expenses$1,364,000 The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 32,000 units and sold 31,000 units. The company's only product is sold for $238 per unit.The unit product cost under super-variable costing is:
A. $103 per unit B. $93 per unit C. $214 per unit D. $170 per unit
Answer the following statement(s) true (T) or false (F)
1. Cellular organizations emphasize specialists in areas linked to manufacturing, such as purchasing, materials, production, quality, and maintenance. 2. Teams are used extensively in cellular organizations. 3. The basic difference between the cellular and the traditional organization lies in the issue of responsibility: the workers in the cells are responsible for their output. 4. The only relevant site selection factor is the nearness of the facility to the market for the goods. 5. Services value different factors in site selection than would a manufacturing facility.