[The following information applies to the questions displayed below.]Angle Max Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next year's expected costs and activities are shown below. AssemblyFinishingDirect labor hours 100,000DLH 140,000DLHMachine hours 300,000MH 60,000MHOverhead costs$300,000 $420,000 Assume that the Assembly Department allocates overhead based on machine hours, and the Finishing Department allocates overhead based on direct labor hours. How much total overhead will be assigned to a product that requires 1 direct labor hour and 2.5 machine hours in the Assembly Department, and 3.5 direct labor hours and 0.5 machine hours in the Finishing Department?
A. $11.00.
B. $10.50.
C. $7.50.
D. $13.00.
E. $2.50.
Answer: D
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Exhibit 15-6 On January 1, 2016, 50 executives were given a performance-based share option plan that would award them with a maximum of 300 shares of $10 par common stock for $20 a share. On the grant date, the fair value of an option was $16.50. The number of options that will vest depends on the size of the annual average increase in sales over the next three years according to the following
table: Annual Average Increase in Sales No. of Shares Greater than 5% 50 Greater than 10% 150 Greater than 15% 300 On the grant date, the company estimates the annual average sales increase will be 14%. ? Refer to Exhibit 15-6. The estimated total compensation cost will be A) $55,000. B) $123,750. C) $27,500. D) $247,500.
Most auditing companies do not provide behavioral and psychographic information in addition to demographic profiles
Indicate whether the statement is true or false
Which of the following would be a demand and supply characteristic toward the beginning stages of a product's life cycle?
A) Demand has become more certain and supply is predictable. B) Margins are lower due to an increase in competitive pressure. C) Product availability is crucial to capturing the market. D) Price becomes a significant factor in customer choice.
What is interoperability?
A. An intelligent connecting device that examines each packet of data it receives and then decides which way to send it onward toward its destination. B. Refers to the geometric arrangement of the actual physical organization of the computers and other network devices in a network. C. A standard that specifies the format of data as well as the rules to be followed during transmission. D. The capability of two or more computer systems to share data and resources, even though they are made by different manufacturers.