Which of the following is a characteristic for a good estimator?
a. Being unbiased c. Having relative efficiency
b. Being consistent d. All of these choices are true.
D
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Using the following accounts and a predetermined overhead rate of 130% of direct labor cost, compute the amount of applied overhead. Work in Process InventoryBeginning WIP35,200 Direct materials55,300 Direct labor? Factory overhead? To finished goods 203,300Ending WIP25,200 Finished Goods InventoryBeginning FG5,200 Cost of Goods Mfg'd203,300
A. $60,000. B. $138,000. C. $71,890. D. $78,000. E. $90,500.
A JIT system works best in ______.
a. a pull system b. a push system c. a constant demand system d. a constant supply system
Location! Realty LLC is a limited liability company. Like other LLCs, for federal jurisdictional purposes, Location! Realty is most likely a citizen of
a. all states. b. every state in which its members are citizens. c. no state. d. only the state in which it was formed.
A firm's age of accounts receivable:
A) measures the average time between credit-based sales and the collection of payments for those sales. B) is likely to be greater for firms within the same industry with more generous credit terms. C) is in part a function of the type of industry in which the firm operates. D) All of the above.