All import charges are assessed against the
A) ex-works price.
B) rigid cost-plus price.
C) estimated future cost price
D) flexible cost-plus price
E) landed price
E
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City Medical Clinic has two service departments, Building Services and Energy, and three operating departments, Pediatrics, Geriatrics, and Surgery. The clinic allocates the cost of Building Services on the basis of square footage and Energy on the basis of patient days. No distinction is made between variable and fixed costs. Budgeted operating data for the year just completed follow:??Service DepartmentsOperating Departments??Building ServicesEnergyPediatricsGeriatricsSurgery?Budgeted costs before allocation$30,000$15,000$135,000$90,000$150,000?Square feet2,0008,00012,00036,00024,000?Patient days??2,7503,8504,400Required:a. Prepare a schedule to allocate service department costs to operating departments by the direct method (round all dollar amounts to the nearest
whole dollar).b. Prepare a schedule to allocate service department costs to operating departments by the step-down method, allocating Building Services first (round all amounts to the nearest whole dollar). What will be an ideal response?
Standard costs are used in the calculation of:
A. Price, quantity, and sales variances. B. Price and quantity variances. C. Price variances only. D. Quantity and sales variances. E. Quantity variances only.
When a company is cash poor, a project with a short payback period but a low rate of return may be preferred to a project with a long payback period and a high rate of return.
Answer the following statement true (T) or false (F)
The IEEE's initial standard for Gigabit Ethernet is ________
A) open B) XXZ C) 802.3z D) 145.4o