Which of the following should be included in an analysis of a new project's cash flows?
A) all financing costs
B) no opportunity costs
C) any sales from existing products that would be lost if customers were expected to purchase a
new product instead
D) all sunk costs
C
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Bolander 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 the following data:Total machine-hours70,000Total fixed manufacturing overhead cost$294,000Variable manufacturing overhead per machine-hour$2.30Recently, Job M825 was completed with the following characteristics:Number of units in the job20Total machine-hours80Direct materials$665Direct labor cost$1,840The unit product cost for Job M825 is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $37.81 B. $125.25 C. $151.25 D. $59.25
Major assumptions made in measuring business income include all of the following except
A) continuity. B) periodicity. C) matching. D) accrual accounting.
Which of the following sentences avoids the use of an outdated expression or cliché?
a. Enclosed please find a copy of my progress report. b. Per your request, enclosed is my progress report. c. Please be informed that you should review the enclosed report at your earliest convenience. d. All include an outdated expression or cliché.
Miranda rights, such as the right to remain ________ and to avoid self-________, were developed in response to the U.S. Supreme Court's decision in Miranda v. Arizona
A) free on bond; incrimination B) silent; incrimination C) free on bond; reprobation D) silent; reprobation