An order has a total of 368 items (worth $23,000) and the firm ships 354 of the items (worth $21,000) on time. What is the dollar fill rate?
A. 86 percent
B. 83 percent
C. 95 percent
D. 91 percent
E. 96 percent
Answer: D
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The following table of cost information is available for the Renaldo Company for the month of November:?Goods inProcessInventory-MixingGoods inProcessInventory-MoldingFinishedGoodsInventoryBeginning Inventory…………………$12,000$15,000$24,000Costs incurred:??? Direct materials………………… 22,000 14,000? Direct labor……………………… 32,000 17,000? Overhead applied………………… 47,000 24,500? Costs transferred out……………(100,000)(152,000)? Costs transferred in………………?100,000152,000 Cost of goods sold………………??(149,000)Ending inventory……………………13,000 18,500 27,000Based on the table of cost information above, prepare the general journal entry required to
record the:a. Transfer of goods from the molding department to the finished goods inventory.b. Cost of goods sold for November. What will be an ideal response?
In 2014, Kelly writes Like the Wind, a novel about marathoners and ultramarathoners. Kelly does not register the work with the appropriate government office. Under federal copyright law, Kelly's work is protected
a. for ten years. b. for twenty years. c. for the life of the author plus seventy years. d. forever.
Goodwill is:
a. a major intangible asset b. not important to companies c. a major tangible asset d. a minor intangible asset e. something easily quantified
What are the key components of the two studies in relation to the material presented in Chapter 4?
What will be an ideal response?