In a job-order costing system, manufacturing overhead applied is recorded as a debit to:
A. Work in Process inventory.
B. Cost of Goods Sold.
C. Finished Goods inventory.
D. Raw Materials inventory.
Answer: A
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Answer the following statements true (T) or false (F)
1. Deglobalization is a trend to move production back to the United States over fears about geopolitics or energy prices. 2. A tariff is a limitation on the numbers of products allowed into a country, imposed by its government to protect domestic industries. 3. One way to avoid a tariff is to create a subsidiary to produce the product in the foreign country imposing that tariff. 4. For international expansion, joint ventures have a lower level of risk than franchising.
In a sale of oranges from Citrus Farm to Juice Factory Inc. to be delivered after the harvest, a fire destroys the fruit before it is picked. Under the UCC, the rights and liabilities of Citrus and Juice in this circumstance are generally determined by
A. the right of ownership. B. who has title. C. the concepts of identification and risk of loss. D. all of the choices.
The Labor Management Relations Act of 1947 is also known as the ________ Act
A) Landrum-Griffin B) Gompers-Lewis C) Taft-Hartley D) Wagner
Administrative agencies can:
a. enact regulations b. supervise compliance with regulations c. adjudicate violations of regulations d. all of the other specific choices are correct e. none of the other specific choices are correct