Which of the following is NOT included in income from continuing operations?
A) gain on sale of machinery
B) a segment of a business that has been discontinued
C) cost of goods sold
D) losses due to lawsuits
B) a segment of a business that has been discontinued
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Compare and contrast task and relationship conflict.
What will be an ideal response?
In a totally automated organization, using theoretical capacity will generally provide the lowest fixed overhead application rate
Indicate whether the statement is true or false
The ________ is an amendment to the Securities Exchange Act of 1934 that specifically regulates tender offers
A) Gramm-Leach-Bliley Act B) Financial Services Modernization Act C) Williams Act D) Exon-Florio Foreign Investment Provision Act
Levron Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $58,000, variable manufacturing overhead of $2.00 per machine-hour, and 20,000 machine-hours. The company has provided the following data concerning Job P978 which was recently completed:Number of units in the job20Total machine-hours80Direct materials$500Direct labor cost$2,640The predetermined overhead rate is closest to:
A. $2.00 per machine-hour B. $2.90 per machine-hour C. $4.90 per machine-hour D. $6.90 per machine-hour