Last year, 41% of the sales of the local coffee shop were during breakfast hours. If those breakfast hour sales were $28,500, what were the total sales of the coffee shop for the year?
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For the problem above, the unknown element is the Base. The formula for finding the Base is
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Base = Portion X Rate
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Answer the following statement true (T) or false (F)
False
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The inventory system that uses the merchandise inventory account as an active account is called
a. perpetual. b. LIFO. c. FIFO. d. periodic.
The tendency to overestimate the dispositional causes of behavior and underestimate the environmental factors when others fail is called the fundamental attribution error.
Answer the following statement true (T) or false (F)
Pioria Products assigns overhead to specific jobs based on machine hours. At the beginning of the current year, estimated overhead costs were $2,150,000 and estimated machine hours were 500,000. By the end of the year, actual overhead costs were
calculated to be $2,000,000 and actual machine hours were 475,000. Required: A. Calculate the predetermined overhead rate. B. How much overhead would be applied to a particular job that required 315 machine hours? C. How much total overhead was applied during the year? D. By how much was overhead over- or underapplied for the year? Be sure to indicate whether it was over- or underapplied.
An effective opening for a bad-news message
a. notes the date of the message being answered. b. expresses gratitude for the time the receiver took to write. c. provides an immediate answer to the receiver's request. d. makes a neutral comment related to the main idea.