When a job is completed in a service organization, the job costs are transferred to the
a. Work in Process Inventory account.
b. Finished Goods Inventory account.
c. Cost of Goods Sold account.
d. Cost of Services account.
D
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Which of the following is a traditional right of sellers?
A) the right to introduce any product in any size and style, provided it is not hazardous to personal health or safety B) the right to expect a product to be safe C) the right to expect a product to perform as claimed D) the right to consume now in a way that will preserve and sustain the world for future generations of consumers E) the right to be well informed about important aspects of a product
The following information describes a company's usage of direct labor in a recent period. The direct labor efficiency variance is: ?Actual hours used 45,000 ?Actual rate per hour$15.00 ?Standard rate per hour$14.50 ?Standard hours for units produced 47,000 ??
A. $52,500 favorable. B. $29,000 unfavorable. C. $52,500 unfavorable. D. $22,500 unfavorable. E. $29,000 favorable.
Closing costs are always the sole responsibility of the buyer
Indicate whether the statement is true or false
Why is it important for MNCs to develop compensation and benefits policies that result in fair processes and outcomes?
What will be an ideal response?