What is a staple product?
a. office stationery
b. a complementary product
c. something that is essential for another product to work e.g. a keyboard for a PC
d. something people always like to have and so purchase regularly e.g. soap
e. a basic, unsophisticated product e.g. paper clips
d. something people always like to have and so purchase regularly e.g. soap
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One of the components to active listening, _____________ means paying attention to the signals sent from the speaker.
a. Sensing b. Responding c. Reasoning d. Processing
West Company borrowed $48,000 on September 1, Year 1 from the Valley Bank. West agreed to pay interest annually at the rate of 9% per year. The note issued by West carried an 18-month term. Based on this information the amount of interest expense appearing on West's Year 1 income statement would be:
A. $432. B. $1440. C. $1080. D. $0.
Windrose, Inc. uses a periodic inventory system and its inventory records contain the following information: Units Total CostBeginning inventory:600 $1,560 Purchased on May 10800 2,340 Purchased on June 151,000 2,520 Purchased on August 28600 1,980 3,000 $8,400 The company sold 2,000 units during June. There were no additional purchases or sales during the remainder of the year. The company had 1,000 units were in its ending inventory at the end of the year.If Windrose uses the weighted average inventory costing method, what is the cost of its ending inventory? (Round the per unit cost to 2 decimal places and then round your answer to the nearest whole dollar.)
A. $2,800 B. $8,400 C. $5,400 D. $2,730
The payroll records of a company provided the following data for the current weekly pay period ended March 12.
Assume that the Social Security portion of the FICA taxes is 6.2% on the first $118,500 and the Medicare portion is 1.45% of all wages paid to each employee for this pay period. The federal and state unemployment tax rates are 0.8% and 5.4%, respectively, on the first $7,000 paid to each employee. Calculate the net pay for each employee.