Compton Products Inc Compton Products Inc manufactures humidifiers. The company currently makes all of the electronic components for the humidifier itself. When 10,000 units are manufactured each year, the motor costs per unit are as follows: Direct materials $6 Direct labor 8 Variable overhead 7 Fixed overhead 9 McClintock Inc has offered to sell Compton 10,000 motors for $25 per unit. If
Compton accepts the offer, 75% of the fixed overhead currently allocated to the motors could be avoided. Refer to the Compton Products Inc information above. If Compton accepts the offer to purchase 10,000 motors from McClintock, the net income will:
A) increase by $27,500.
B) decrease by $17,500.
C) increase by $50,000.
D) decrease by $40,000.
A
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For work done during August, Printing Press Company incurred direct materials costs of $139,000 and conversion costs of $260,000 . The company employs a just-in-time operating philosophy and backflush costing. At the end of August, it was determined that the Work in Process Inventory account had been assigned $1,080 of costs, and the ending balance of the Finished Goods Inventory account was
$1,220 . There were no beginning inventory balances. What was the ending balance of the Cost of Goods Sold account for August? a. $396,700 b. $397,780 c. $397,920 d. $399,000
Which is not one of the processes that determines the level of trust in interpersonal relationships?
a. Calculative process b. Prediction process c. Intentionality process d. Social ties
A person who signs an instrument and lends his or her name, and credit to another party to the instrument is referred to as a(n) ________
A) agent B) qualified indorser C) unqualified indorser D) accommodation party
Many of our field representatives ____ attending the training seminar in Houston
A) was B) were