OEM stands for operationally efficient marketing.
Answer the following statement true (T) or false (F)
False
OEM stands for original equipment manufacturer.
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The net income reported on the income statement for the current year was $275,000 . Depreciation recorded onfixed assets and amortization of patents for the year were $40,000 and $9,000, respectively. Balances of currentasset and current liability accounts at the end and at the beginning of the year are as follows: End Beginning Cash $50,000 $60,000 Accounts receivable 112,000 108,000 Inventories
105,000 93,000 Prepaid expenses 4,500 6,500 Accounts payable (merchandise creditors) 75,000 89,000 What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by theindirect method? a. $198,000 b. $324,000 c. $352,000 d. $296,000
Which one of the following statements best describes the term "outstanding check?"
a. A check written by the company and presented to the bank for payment. b. A check written by the company but not yet presented to the bank for payment. c. A check written by a customer that has been presented to the bank for payment. d. A check written by a customer that has not yet been presented to the bank for payment.
In general, how do most people feel about their jobs?
A. antipathy B. satisfied C. dissatisfied D. indifferent
Desjarlais Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.)Activity Cost PoolsActivity RateSetting up batches$160.80 per batchAssembling products$10.40 per assembly hourProcessing customer orders$52.72 per customer orderData concerning two products appear below: Product S96UProduct Q06FNumber of batches44 49?Number of assembly hours161?893?Number of customer orders21?47?Required:a. How much overhead cost would be assigned to Product S96U using the company's activity-based costing system?b. How much overhead cost would be assigned to Product Q06F using the company's activity-based costing
system???Overhead Costa.Product S96U?b.Product Q06F? What will be an ideal response?