As the project progresses, the actual finish times (AFs) of completed activities will determine
a. the earliest start and earliest finish times for the remaining activities in the network diagram, as well as the total slack.
b. the earliest start and earliest finish times for the completed activities in the network diagram, as well as the total slack.
c. the latest start and latest finish times for the remaining activities in the network diagram, as well as the total slack.
d. the latest start and latest finish times for the completed activities in the network diagram, as well as the total slack.
a
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Carver Corporation uses the FIFO method in its process costing system. The Assembly Department started the month with 2,000 units in its beginning work in process inventory that were 60% complete with respect to conversion costs. An additional 66,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 9,000 units in the ending work in process inventory of the Assembly Department that were 50% complete with respect to conversion costs. What were the equivalent units of production for conversion costs in the Assembly Department for the month?
A. 59,000 B. 63,500 C. 73,000 D. 62,300
Occasionally, companies engage in important investing and financing activities which do not affect cash. If the amount of the transaction is significant, how should it be disclosed when financial statements are prepared?
a. In the investing section if the amount of investing activities are greater than the financing activities amount. b. In the financing section if the amount of financing activities are greater than the investing activities amount. c. In a note to the financial statements or in a supplemental schedule. d. The transaction does not need to be disclosed.
?A mean computed in such a way that each data value is given a weight reflecting its importance is referred to as a
A. ?geometric mean. B. ?trimmed mean. C. ?weighted mean. D. ?balanced mean.
The process of dividing a total cost into parts and assigning it to cost objects is known as:
A. cost tracing. B. cost allocation. C. cost division. D. None of the answers are correct.