Which of the following costs are NOT included in finished goods inventory?
A) Direct labor
B) Factory overhead
C) Company president's salary
D) Direct materials
C
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Dude Ranch Circle estimates its uncollectible accounts at 1.5% of its credit sales of $825,000 . When adjusting for estimated losses from uncollectible accounts, the debit to Bad Debt Expense is
a. $82,500. b. $123,750. c. $12,375. d. $8,250.
Hunter's, Inc reported a balance of $1,410 in its cash account at the end of the month. There were $1,200 of deposits in transit and $1,150 of checks outstanding. The bank statement showed a balance of $1,510, service charges of $70, and the collection of a note plus interest. The note had a face value of $170. How much interest did the bank collect for the company?
A) $ 30 B) $ 50 C) $290 D) $390
Which of the following is an example of a distribution metric used for measuring the performance of marketing plans?
A) effective reach B) customer acquisition costs C) market share D) stocks cover in days E) response rate
The Gramm-Leach Bliley Act prohibits:
a. telemarketers from selling information to corporations. b. the use of false pretenses to access the personal information of others. c. public from accessing the criminal database of FBI. d. customers to opt out of information sharing.