Kingcade Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: HoursWait time18.3Process time1.1Inspection time0.1Move time2.0Queue time9.1?The delivery cycle time was:
A. 2 hours
B. 29.4 hours
C. 11.1 hours
D. 30.6 hours
Answer: D
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Bright Minds Toy Company prepared the following sales budget for the second quarter. Projected sales for each of the first three months of operations are as follows:Sales BudgetApril May June Cash sales30,000 43,000 55,000 Sales of account370,000 432,000 405,000 400,000 475,000 460,000 Bright Minds expects to collect 70% of the sales on account in the month of sale, and 20% in the month following the sale, and the remainder in the second month following the sale.What is the ending accounts receivable balance that would be reported on the pro forma balance sheet prepared as of June 30?
A. $86,400 B. $283,500 C. $121,500 D. $164,700
Which of the following will be included in manufacturing overhead costs?
A) indirect labor and indirect materials used B) salaries of salesmen C) direct materials and direct labor D) delivery costs to ship goods to customers
A(n) ________ partnership has one general partner, who is responsible for managing the business, and one or more partners, who invest in the partnership but do not participate in its management and whose liability is restricted to the amount of
capital they contribute. A) active B) limited C) unlimited D) nominal
An "X" or a thumbprint could constitute a signature within the meaning of the term in the Code
a. True b. False Indicate whether the statement is true or false