Marty Scotts purchased an AM-FM tuner for $409.29, and amplifier for $516.99, a CD player for $279.98, and 3 CDs for $15.99 each. What was the total of Marty's purchase?
$1,254.23
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Managers of family-owned businesses must agree to hire any family member who shows an interest in joining the business.
Answer the following statement true (T) or false (F)
Altima, Inc finished Job A40 on the last working day of the year
It utilized $370 of direct materials and $3,420 of direct labor. Altima uses a predetermined overhead allocation rate based on a percentage of direct labor costs, which has been fixed at 40%. The entry to record the completion of the job should involve a ________. A) debit to Finished Goods Inventory $5,158 and a credit to Materials Inventory $5,158 B) debit to Cost of Goods Sold $5,158 and a credit to Finished Goods Inventory $5,158 C) debit to Finished Goods Inventory $5,158 and a credit to Work-in-Process Inventory $5,158 D) debit to Work-in-Process Inventory $5,158 and a credit to Finished Goods Inventory $5,158
A line of credit is an agreement between a commercial bank and a business, specifying the amount of unsecured short-term borrowing the bank will make available to the firm over a given period of time
Indicate whether the statement is true or false
Merchandise sold FOB shipping point indicates that:
A. The seller transfers title to the buyer once the merchandise is shipped. B. The merchandise has not yet been shipped. C. The merchandise will not be shipped until payment has been received. D. The seller holds title until the merchandise is received at the buyer's location.