Which of the following would be found on the Balance Sheet of a manufacturer?
A) cost of goods sold
B) cost of goods manufactured
C) factory building
D) all of the these
C
You might also like to view...
What is a strategic customer relationship?
What will be an ideal response?
The accounts receivable turnover is calculated by:
A. Dividing net sales by average accounts receivable and multiplying by 365. B. Dividing net income by average accounts receivable. C. Dividing average accounts receivable by net sales. D. Dividing average accounts receivable by net sales and multiplying by 365. E. Dividing net sales by average accounts receivable.
The Finance Manager works with the Human Resources Manager to set credit policies for targeted customers
Indicate whether the statement is true or false.
Gala Enterprises reports the following information regarding the production on one of its products for the month. Compute the total direct labor cost variance, the direct labor rate variance, the direct labor efficiency variance and identify each as either favorable or unfavorable.Direct labor standard (2 hrs. @ $15/hr.)$30 per finished unitActual direct labor hours60,800 hrs.Actual finished units produced30,000 unitsActual cost of direct labor$905,920
What will be an ideal response?