Bowering Corporation has provided the following information: Cost per Unit Cost per PeriodDirect materials$6.60 Direct labor$3.85 Variable manufacturing overhead$1.50 Fixed manufacturing overhead $81,000Sales commissions$0.50 Variable administrative expense$0.50 Fixed selling and administrative expense $44,550 For financial reporting purposes, the total amount of product costs incurred to make 9,000 units is closest to:
A. $197,550
B. $188,550
C. $107,550
D. $81,000
Answer: B
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Dylan Corporation issues for cash $2,000,000 of 8%, 15-year bonds, interest payable annually, at a time when themarket rate of interest is 9%. The straight-line method is adopted for the amortization of bond discount orpremium. Which of the following statements is true?
a. The amount of annual interest paid to bondholders remains the same over the life of the bonds. b. The amount of annual interest expense decreases as the bonds approach maturity. c. The amount of annual interest paid to bondholders increases over the 15-year life of the bonds. d. The carrying amount decreases from its amount at issuance date to $2,000,000 at maturity.
Answer the following statements true (T) or false (F)
1.Approximately 25% of our everyday talk is devoted to letting others know our thoughts and feelings. 2.Our culture influences our beliefs about the nature and value of conversation. 3.Personal relationships depend on conversation. 4.Besides being a social lubricant, conversation helps build empathy and collaboration. 5.A good conversationalist also has a curious mind-set.
Recent surveys have reported that ______ women have experienced sexual harassment in the United States.
A. 1 in 4 B. 1 in 10 C. 1 in 20 D. 1 in 100
The operating cycle for a merchandiser that sells only for cash moves from:
A. Purchases of merchandise to inventory to accounts receivable to cash sales. B. Inventory to purchases of merchandise to cash sales. C. Accounts receivable to inventory to cash sales. D. Accounts receivable to purchases of merchandise to inventory to cash sales. E. Purchases of merchandise to inventory to cash sales.