Neef Corporation has provided the following data for its two most recent years of operation: Selling price per unit$84Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$12Direct labor$5Variable manufacturing overhead$4Fixed manufacturing overhead per year$432,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold$5Fixed selling and administrative expense per year$61,000 Year 1 Year 2Units in beginning inventory0 3,000Units produced12,000 9,000Units sold9,000 10,000Units in ending inventory3,000 2,0000 Which of the following statements is true for Year 1?
A. The amount of fixed manufacturing overhead deferred in inventories is $513,000
B. The amount of fixed manufacturing overhead released from inventories is $513,000
C. The amount of fixed manufacturing overhead deferred in inventories is $108,000
D. The amount of fixed manufacturing overhead released from inventories is $108,000
Answer: C
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To recover in a negligence suit, a plaintiff must prove that the:
A. defendant's breach of duty was the proximate cause of the plaintiff's injuries. B. defendant's breach of duty might have indirectly caused the plaintiff injuries. C. defendant's actions did not violate any statutes. D. defendant had intent to injure the plaintiff and did so by a breach of duty.
Which of these is NOT a "brick-and-mortar" company that sells its goods and/or services online as well?
A. Wal-Mart B. Merrill Lynch C. Dell Computers D. eBay
Display media includes ________
A) newspapers B) magazines C) television D) company Web sites E) billboards
The first unit took fifteen days to finish and the second unit was finished a mere 13.5 days later. How many more days will pass before the tenth unit is finished?
A) 91.5 B) 119.9 C) 109.3 D) 129.5