Which of the following employees would not be classified as indirect labor?
A. Plant security guard.
B. Salesperson.
C. A line employee that produces parts for chairs using a saw and template.
D. An employee that packs products for shipment.
E. Plant Custodian.
Answer: C
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Open-door policy, peer review, and mediation are methods of
A. collective bargaining. B. the strategy decision-making process. C. alternative dispute resolution. D. performance appraisal. E. a fair representation policy.
Which of the following best describes BR Chicken's value proposition?
A) We sell chicken at most major malls. B) We undertake home delivery services. C) We target quality-conscious consumers of chicken. D) We sell tender golden chicken at a moderate price. E) We charge a 10 percent premium on our chicken.
The records at Smith and Jones, Inc. show that Job 110 is charged with $10,000 of direct materials and $13,000 of direct labor. Smith and Jones, Inc. allocate manufacturing overhead at 80% of direct labor cost. What is the total cost of Job No. 110?
A) $31,000 B) $33,400 C) $23,000 D) $13,000
All adjusting entries always involve
A) only income statement accounts. B) only balance sheet accounts. C) the cash account. D) at least one income statement account and one balance sheet account.