A punctuation mark used to indicate the omission of characters or possession is the
a. hyphen
b. semicolon
c. apostrophe
d. none of the above
C
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Using the breakdown method, calculate how many salespeople will be needed if a company expects to sell $100 million worth of goods in 1998 and the average sale per salesperson is $5 million
A) 5 B) 10 C) 20 D) 50
Which of the following is a potential use of test marketing?
A) to test the sales potential for a new product B) to test variations in the marketing mix for a product C) to test the sales potential for a new service D) all of the above E) none of the above
Which of the following current assets will not generate cash in the future?
a. Prepayments b. Accounts receivable c. Inventory d. Marketable securities e. Notes receivable
The balance in the Work in Process Inventory account on October 1 was $14,000, and the balance on October 31 was $85,400. Costs incurred during the month were as follows: direct materials, $55,820; direct labor, $58,420; and overhead, $40,000. What amount was transferred to the Finished Goods Inventory account during October?
A) $82,840 B) $154,240 C) $239,640 D) $140,240