A source document that production managers use to request materials for production and that is used to assign materials costs to specific jobs or to overhead is a:
A. Receiving report.
B. Job cost sheet.
C. Materials requisition.
D. Production order.
E. Materials purchase order.
Answer: C
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A demanding customer may feel a need to be or stay in control, especially if he or she has felt out of control in the past.
Answer the following statement true (T) or false (F)
For managers, the importance of Maslow's contribution is that he showed that workers
A. are only interested in compensation that helps them fulfill physiological needs. B. are as complex as their organization. C. have needs that cannot be understood by their employer. D. expect an employer to fulfill every level of their hierarchy of needs. E. have needs beyond that of just earning a paycheck.
Everett, Miguel, and Ramona are partners, sharing income 1:2:3. After selling all of the assets for cash, dividing losses on realization, and paying liabilities, the balances in the capital accounts are as follows: Everett, $50,000 Cr.; Miguel, $20,000 Cr.; and Ramona, $30,000 Dr. Assume that after the available cash is distributed to the partners, Ramona pays $15,000 of the deficiency to the
firm. How much of the $15,000 should be distributed to Everett? A) $15,000 B) $0 C) $5,000 D) $10,000
The journal entry to record direct materials used includes a debit to Work in Process Inventory.
Answer the following statement true (T) or false (F)