Refresh produces soft drinks and sodas. Production of 100,000 liters was started in February, 85,000 liters were completed. Material costs were $38,220 for the month while conversion costs were $16,380. There was no beginning work-in-process; the ending work-in-process was 40% complete. What is the cost of the product that remains in work-in-process?
A. $9,000.
B. $3,600.
C. $51,000.
D. $16,380.
Answer: B
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The following data is for the Kris Company for 2018: Gain on sale of equipment$8,000 Purchase of First Corp. bonds (face value $250,000) 275,000 Proceeds from sale of machinery 300,000 Dividends paid 50,000 Proceeds from sale of treasury stock 200,000 The amount reported as net cash provided by investing activities is:
A. $ 300,000. B. $ 50,000. C. $ 275,000. D. $ 25,000.
In non-comparative scales, the scaling of each object is dependent on the others in the stimulus set
Indicate whether the statement is true or false
If unsecured creditors do not agree to a plan of reorganization, the court can use its ________ and make the dissenting class accept the plan.
A. stuff-down authority B. lay-down authority C. beat-down authority D. cram-down authority
Maxwell Insurance recently got its communication network updated to the IEEE 802.11ac protocol. Which of the following is TRUE of this protocol?
A. It is used for wired LAN connections. B. It defines high-speed infrared connections. C. It cannot be processed by access points. D. It is also known as Ethernet. E. It allows speeds of up to 1.3 Gbps.