The inclusive workplace is characterized by its activity and involvement in the ______.
a. international human rights movements
b. anti-discrimination legislative agenda
c. community
d. social life of its employees
c. community
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Which service department cost allocation method utilizes a "benefits-provided" ranking?
a. algebraic method b. indirect method c. step method d. direct method
A fax that arrives with no information regarding where or to whom it should be directed is called a ______________ transmission
a. lost b. reverse c. headless d. dead
Based on the income statements of the three following retail businesses, which company has the highest operating leverage? AlphaCompanyBetaCompanyGammaCompanyRevenue $200,000 $200,000 $200,000 Variable costs (95,000) (155,000) (125,000) Contribution margin 105,000 45,000 75,000 Fixed costs (80,000) (20,000) (50,000) Net income $25,000 $25,000 $25,000
A. Gamma Company B. They all have same operating leverage C. Alpha Company D. Beta Company
Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000,
$60,000, and $70,000, respectively. In addition, work in process at the beginning of the period for Department 1 totaled $75,000, and work in process at the end of the period totaled $60,000. The journal entry to record the flow of costs into Department 2 during the period for direct materials is: A) Work in Process--Department 2 100,000Materials 100,000 B) Work in Process--Department 2 50,000Materials 50,000 C) Work in Process--Department 2 150,000Materials 150,000 D) Materials 50,000Work in Process--Department 2 50,000