A contract that requires a seller to deliver goods to the carrier is:
a. a destination contract.
b. a shipment contract.
c. a C.I.F. contract.
d. a C.O.D. contract.
b
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Convertible bonds normally sell at a higher price than non-convertible bonds
a. True b. False Indicate whether the statement is true or false
Omission, telescoping, and creation are errors that may occur if the respondent has a problem remembering the information asked in the questionnaire
Indicate whether the statement is true or false
In the AON method, the ______.
A. node represents the path to the next project activity B. arrow represents the sequencing of tasks from node to node through the network C. arrow represents the actual time taken to complete a task in a project D. arrow represents the scheduled time to complete a task in a project
The predetermined overhead rate for Shilling Manufacturing is based on estimated direct labor costs of $350,000 and estimated factory overhead of $770,000. Actual costs incurred were:Direct materials.........................................................................$475,000Direct labor...............................................................................347,000Indirect materials......................................................................78,000Indirect labor.............................................................................143,500Sales commissions....................................................................150,000Factory depreciation..................................................................260,000Property taxes,
factory..............................................................35,000Factory utilities.........................................................................65,000Advertising................................................................................62,500Factory supervision...................................................................185,000a. Calculate the predetermined overhead rate and calculate the overhead applied during the year.b. Prepare the journal entry to eliminate the over- or underapplied overhead, assuming that it is not material in amount. What will be an ideal response?