In international business transactions, a documentary letter of credit:
A) is a method of payment of goods that reduces the seller's risk from the possibility that the goods will be shipped, but not paid for.
B) is a type of bill of lading.
C) is a guarantee by the seller's bank that it will pay the price of the exported goods if the seller breaches the contract.
D) All of these.
A
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Mahon Corporation has two production departments, Casting and Customizing. 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 Customizing 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 17,800? 14,800?Direct labor-hours 6400? 7400?Total fixed manufacturing overhead cost$106,800?$56,240?Variable manufacturing overhead per machine-hour$1.70? Variable manufacturing overhead per direct labor-hour $3.40?During the current month the company started and finished Job T138. The
following data were recorded for this job:Job T138:Casting CustomizingMachine-hours90? 40?Direct labor-hours15? 90?The amount of overhead applied in the Customizing Department to Job T138 is closest to: (Round your intermediate calculations to 2 decimal places.) A. $288.00 B. $81,400.00 C. $990.00 D. $576.00
Which of the following can help determine the accuracy of a source?
A) How current is this information? B) Does the source identify the author? C) Is the author qualified or an expert in this content? D) Does the author cite sources for numbers, facts, or research findings? E) Does the source provide a last-updated date or copyright?
The imagery in a passive voice sentence is less distinct than it would be if the sentence was in active voice
Indicate whether the statement is true or false
Evaluating a product’s carbon footprint, energy usage, air acidification impact, and water contamination profile occurs during what type of assessment?
a. End cycle b. Life cycle c. Product cycle d. Planning cycle