For work done during June, Prints Company incurred direct materials costs of $150,000 and conversion costs of $225,000. The company employs a traditional operating philosophy. At the end of August, it was determined that the Work in Process Inventory account had been assigned $2,000 of costs, and the ending balance of the Finished Goods Inventory account was $5,000. There were no beginning
inventory balances. Using the information provided for Prints Company, how much was charged to the Cost of Goods Sold account during June?
A) $378,000
B) $380,000
C) $375,000
D) $368,000
D
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Expenditures of each Federal Reserve Bank are approved by
A. the U.S. Senate. B. the President of the United States. C. the U.S. Treasury Department. D. the Federal Reserve Board of Governors.
Frosty Inc is an American firm that manufactures and markets a line of ice creams under the brand name Frosty Delight
Together with Magic Bakes, a popular brand of baking mixes and canned frostings, the firm introduces a line of Frosty Magic Bakes, a line of ice cream cake mixes. The new product line, Frosty Magic Bakes, uses the logos of both Frosty Delight and Magic Bakes. This is an example of ________. A) franchising B) cobranding C) pure product bundling D) mixed product bundling E) licensing
Karl Harris, a marketing critic, is concerned about the pervasiveness of marketing
He points out that advertising messages are everywhere, from Web sites and e-mails to unwanted direct mail and catalogs to television commercials and product tie-ins to billboards and store signage. Karl is concerned about ________. A) high packaging costs B) cultural pollution C) deceptive practices D) false wants and too much materialism E) the balance between private goods and social goods
Camilla is the chief human resource officer at her company and is in charge of ethics training for all employees. Her department lacks the funding for extensive seminars and trainers, and most middle managers are not receptive to giving up their employees’ time for ethics training. What is the best possible strategy for her in administering proper ethics training?
a. Reduce the amount of ethics training--and reviews--to once every six months. b. Invest in web-based ethics training for the company. c. Provide a printed packet of ethics guidelines and best practices to each employee. d. Delegate ethics training to the managers of various departments to be implemented at their discretion.