Harootunian Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 80,000Total fixed manufacturing overhead cost$312,000Variable manufacturing overhead per machine-hour$2.10 Recently, Job T629 was completed with the following characteristics: Number of units in the job 50Total machine-hours 200 The amount of overhead applied to Job T629 is closest to:
A. $1,620
B. $420
C. $780
D. $1,200
Answer: D
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Whiting Company sells a mix of three related products. Total fixed costs are $144,000. The following additional information is available for Whiting Company.?Sales MixVariable Cost/UnitSales Price/UnitX4$4$9Y4$8$14Z2$7$15Determine the company's break-even point in composite units.
What will be an ideal response?
The purpose of the North American Free Trade Agreement (NAFTA) is to ________
A) codify international treaties with the countries that are part of the agreement B) increase immigration quotas in the countries that are part of the agreement C) lower trade barriers within the countries that are part of the agreement D) defend coastal borders of the countries involved in trade, and are part of the agreement
Firms are obligated to return a principal amount per share to each holder of common stock.
Answer the following statement true (T) or false (F)
Michael, a citizen of Ireland, and Nina, a citizen of the United States, enter into a contract. When Nina breaches the contract, Michael obtains an award of damages in an Irish court. He asks a U.S. court to enforce the award. The U.S. court defers to and enforces the Irish court's decree. This is A) ?a travesty of justice.? B) ?theact of state doctrine
C) thedoctrine of sovereign immunity.? D) ?theprinciple of comity.