Compute cost of goods available for sale.
Fontana Manufacturing provided the following information for the month ended March 31:
A) $15,600
B) $29,100
C) $23,600
D) $10,100
C) $23,600
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Audit reports are designed to promote clear communication between the auditor and the financial statement user. Which of the following is not delineated in the audit report?
a. What was audited and the relative responsibilities of the client and the auditor. b. The experience level of the audit team. c. The nature of the audit opinion formulation process. d. The auditor's opinion on the fairness of the financial statements.
Which of the following pay structures would a company adopt if it wanted a pay structure that rewards employees based on their knowledge and competency?
A. Pay policy line approach B. Skill-based pay approach C. Pay grade approach D. Delayering approach E. Market survey data approach
Synchronous manufacturing systems
A. is also called the theory of constraints. B. is a balanced system while a JIT system is unbalanced. C. takes longer to install than a JIT system, but production capacities are larger. D. is faster than a JIT system because no allowances are made for contingencies.
The owner of an LLC (limited liability company) is called a ________
A) general partner B) limited partner C) proprietor D) member