The following budget data are available for Happy Company: Estimated direct labor hours 12,000 Estimated direct dollars $90,000 Estimated factory overhead costs $180,000 Actual direct labor hours 11,500 Actual direct dollars $92,000 Actual factory overhead costs $181,000 If factory overhead is to be applied based on direct labor hours as the cost allocation base for the predetermined overhead
rate, the amount of overhead applied into production is
A) $180,000
B) $181,000
C) $172,500
D) $184,000
C
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External data may be grouped into which three sources?
A) published, syndicated services data, and databases B) published, non-published data, and other C) syndicated services data, external data, and complex data D) published external, published internal, and syndicated data E) non published external, published internal, and non-published internal
A franchisee can operate as an independent businessperson but cannot then obtain the advantages of a national organization.
Answer the following statement true (T) or false (F)
Projects are mutually exclusive if picking one project eliminates the ability to pick the other project. This mutually exclusive situation can arise for different reasons. Which of the statements below is NOT one of these reasons?
A) One project will always have a negative NPV. B) There is a scarce resource that both projects would need. C) There is need for only one project, and both projects can fulfill that current need. D) By using funds for one project, there are not enough funds available for the other project.
An executor need only sign his name to the deed to transfer title
Indicate whether the statement is true or false