Domestic partnership rights apply to same-gender couples in all states
Indicate whether the statement is true or false
False
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The process of acquiring raw materials is part of the conversion cycle
Indicate whether the statement is true or false
Explain the difference between Act and Rule Utilitarianism.
What will be an ideal response?
Tiff Corporation has two production departments, Casting and Assembly. 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 Assembly 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 17,000 10,000Direct labor-hours 1,000 5,000Total fixed manufacturing overhead cost$129,200$46,500Variable manufacturing overhead per machine-hour$1.80 Variable manufacturing overhead per direct labor-hour $3.80 During the current month the company started and finished Job P131. The following data were recorded
for this job: Job P131:MachiningCustomizingMachine-hours 90 20Direct labor-hours 20 60The amount of overhead applied in the Assembly Department to Job P131 is closest to: A. $228.00 B. $786.00 C. $558.00 D. $65,500.00
The largest single component of the United States current account is:
A) current transfers. B) income payments and receipts. C) goods (merchandise) imports and exports. D) services imports and exports.