Who describes social entrepreneurs as “restless people seeking to deal with problems that were not being successfully coped with by existing institutions?”
A. Steve Case
B. Henry Ford
C. Peter Goldmark
D. Joseph Schumpeter
C. Peter Goldmark
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Which of the following is true about using air carriers as a transportation mode when shipping products?
A) Air carriers are the most cost-effective way to ship non-perishable goods over short distances. B) Air carriers are the slowest and least reliable modes of transport. C) Air carriers provide in-transit services such as the processing of goods en route. D) Air carriers are ideal when time is short and speed is needed. E) Air carriers are a specialized means of shipping chemicals from sources to markets.
Daosta Inc. uses the FIFO method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in process, beginning: Units in process 900? Percent complete with respect to materials 40?%Percent complete with respect to conversion 20?%Costs in the beginning inventory: Materials cost$530? Conversion cost$2108? Units started into production during the month 16,000? Units completed and transferred out 16,000? Costs added to production during the month: Materials cost$32,180? Conversion cost$416,512? Work in process, ending: Units in process 900? Percent complete with respect to materials?50?%Percent complete with respect to
conversion 50?%Required:Using the FIFO method:a. Determine the equivalent units of production for materials and conversion costs.?Equivalent Units of ProductionMaterials?Conversion?b. Determine the cost per equivalent unit for materials and conversion costs.?Cost per Equivalent UnitMaterials?Conversion?c. Determine the cost of ending work in process inventory.Cost of ending WIP?d. Determine the cost of units transferred out of the department during the month.Cost of units transferred out? What will be an ideal response?
Allowing one person to control a discussion or decision is known as
A. vigilance. B. groupthink. C. dialectic. D. devil's advocacy. E. individual dominance.
Under accrual basis of accounting, expenses are be matched against revenue:
A) if the earnings process is not complete. B) when cash is collected from the sale of products. C) in the same period as the revenue that it helped to generate. D) when payment is made for costs related to revenue.