According to Figure 2.2, exports for Canada total

a. 16 refrigerators.
b. 8 refrigerators.
c. 12 refrigerators.
d. 16 refrigerators.


b. 8 refrigerators.

Business

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Which of the following is the correct formula for measuring a cost variance?

A) Cost Variance = (Actual Cost + Standard Cost) / Actual Quantity B) Cost Variance = (Actual Cost - Standard Cost) × Actual Quantity C) Cost Variance = (Actual Cost + Standard Cost) + Actual Quantity D) Cost Variance = (Actual Cost - Standard Cost) - Actual Quantity

Business

Moral intensity deals mostly with ______ factors.

a. organizational b. individual c. issue-related d. cultural or societal

Business

Hunkins Corporation has provided the following data concerning last month's operations.   Purchases of raw materials$33,000Indirect materials included in manufacturing overhead$4,000Direct labor cost$58,000Manufacturing overhead applied to Work in Process$91,000  BeginningEndingRaw materials inventory$14,000$20,000Work in process inventory$57,000$70,000 How much is the direct materials cost for the month on the Schedule of Cost of Goods Manufactured?

A. $47,000 B. $39,000 C. $23,000 D. $33,000

Business

On March 31 a company needed to estimate its ending inventory to prepare its first quarter financial statements. The following information is available:

Beginning inventory, January 1: $4,000 Net sales: $80,000 Net purchases: $78,000 The company's gross margin ratio is 25%. Using the gross profit method, the estimated ending inventory value would be: A) $82,000. B) $60,000. C) $20,000. D) $22,000. E) $19,500.

Business