A note on which no rate of interest is specified is a(n)
a. market-rate note.
b. interest-bearing note.
c. non-interest-bearing note.
d. variable note.
c
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Mahon Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: CastingCustomizingMachine-hours 17,800? 14,800?Direct labor-hours 6400? 7400?Total fixed manufacturing overhead cost$106,800?$56,240?Variable manufacturing overhead per machine-hour$1.70? Variable manufacturing overhead per direct labor-hour $3.40?During the current month the company started and finished Job T138. The
following data were recorded for this job:Job T138:Casting CustomizingMachine-hours90? 40?Direct labor-hours15? 90?The amount of overhead applied in the Customizing Department to Job T138 is closest to: (Round your intermediate calculations to 2 decimal places.) A. $288.00 B. $81,400.00 C. $990.00 D. $576.00
Which of the following product types is typically distributed by using wholesalers?
A) consumer packaged goods B) jewelry C) watches D) automobiles
Always ask permission before submitting someone's name as a reference
Indicate whether the statement is true or false
Which of the following is an example of a collaborative media platform between vendors?
A. Wikis B. Blogs C. File-sharing sites D. Social networking sites