A company has prepared the operating budget and the cash budget and is now preparing the budgeted balance sheet. The balance of Accounts Receivable can be obtained from the ________
A) schedule of inventory, purchases, and cost of goods sold budget
B) cash receipts from customers
C) capital expenditures budget
D) selling and administrative expenses budget
B
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If a company discounts a note at a bank, but still is contingently liable for the maturity value, then the note was discounted with ____________________
Fill in the blank(s) with correct word
Bark Mode, Incorporated produces and distributes two types of security systems, Standard and Deluxe. Budgeted cost and activity for each of its three activity cost pools are shown below.The company plans to produce and sell 120,000 standard units and 80,000 deluxe units.??Budgeted ActivityActivity Cost PoolBudgeted CostStandardDeluxePackaging $100,000120,000 finished units80,000 finished unitsMaterial handling$49,600600,000 total parts640,000 total partsProduction setups$120,0006 total setups14 total setupsa. Compute the approximate overhead cost per unit of standard under activity-based costing.b. Compute the approximate overhead cost per unit of deluxe under activity-based costing.
What will be an ideal response?
Given that a production process may experience both random and assignable variation, for which type of variation is the source generally easier to identify and determine? Why?
The first quartile
a. contains at least one third of the data elements b. is the same as the 25th percentile c. is the same as the 50th percentile d. is the same as the 75th percentile