If a business wants to have a bigger presence in international markets, which of the following production options should it consider?
a. a franchise agreement b. a joint venture
c. licensing agreement
d. a joint venture or a licensing agreement
e. a franchise agreement or a joint venture or a licensing agreement
e
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A familiar example of an agent is the owner of a corporation.?
Indicate whether the statement is true or false
Kubes Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $90,000, variable manufacturing overhead of $3.50 per direct labor-hour, and 30,000 direct labor-hours. The company has provided the following data concerning Job A477 which was recently completed:Total direct labor-hours100Direct materials$ 520Direct labor cost$ 2,800 The total job cost for Job A477 is closest to:
A. $3,320 B. $1,170 C. $3,970 D. $3,450
The price of an S&P 500 Index futures contract is $988.26 when you decide to enter a long position. When the position is closed the futures price is $930.32
If there are no settlement requirements, what is your dollar gain or loss? (Ignore opportunity costs.) A) $14,485 loss B) $14,485 gain C) $57.94 loss D) $57.94 gain
Benjamin Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per Month Variable Element per Container RefurbishedRevenue $5,400Employee salaries and wages$58,300 $1,000Refurbishing materials $700Other expenses$31,200 ?When the company prepared its planning budget at the beginning of March, it assumed that 26 containers would have been refurbished. However, 23 containers were actually refurbished during March.?The amount shown for "Refurbishing materials" in the planning budget for March would have been closest to:
A. $18,200 B. $18,878 C. $16,100 D. $16,700