The Cardinal Company had a finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months were: January - 200,000 units; February - 180,000 units; March - 210,000 units; and April - 230,000 units. The Cardinal Company wishes to maintain a desired ending finished goods inventory of 20% of the following months sales. What would be the budgeted production for
February?
A) 186,000
B) 181,000
C) 222,000
D) 174,000
A
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The trucking firm hired by your transportation manager provides a trucking service between the city of Sacramento and the surrounding towns on a regular schedule and at fixed prices
The trucking firm saves transportation costs by transporting the goods using trains as well as trucks, instead of trucks alone. Your transportation manager has hired a(n) ________. A) airship carrier B) airtruck carrier C) trainship carrier D) fishyback carrier E) piggyback carrier
R = 0 indicates ________
A) X and Y have a relationship B) X and Y don't have a linear relationship C) X and Y are unrelated D) X and Y have a linear relationship
Tungsten, Inc. manufactures both normal and premium tube lights. The company allocates manufacturing overhead using a single plantwide rate with machine hours as the allocation base. Estimated overhead costs for the year are $106,000. Additional estimated information is given below.
Calculate the predetermined overhead allocation rate. (Round your answer to the nearest cent.)
A) $3.53 per direct labor hour
B) $1.66 per machine hour
C) $3.12 per machine hour
D) $0.23 per direct labor hour
When people evaluate themselves by comparing their group’s membership with other groups, what process are they engaging in?
*a. social comparison b. group identification c. social identity d. social competition