Which of the following costs is not an inventoriable cost?
A) Cost to ship products to a customer
B) Cost of factory machinery used in production
C) Cost to design the product
D) Plant supervisor's salary
A
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In Porter’s (1986) typology of business strategy, MNCs can adopt either a(n):
a. multi-domestic or global strategy b. international or transnational strategy c. adaptive or synergistic strategy d. unitary or pluralist strategy
List three of the most typical organizational plans for presentations
As of December 31, Year 1, Gant Corporation had a current ratio of 1.29, quick ratio of 1.05, and working capital of $18,000. The company uses a perpetual inventory system and sells merchandise for more than it cost. On January 1, Year 2, Gant collected $5,200 of accounts receivable. As a result of this transaction, Gant's working capital will:
A. Increase. B. Remain the same. C. Decrease. D. Cannot be determined.
Hartzell Inc. had the following data for 2017, in millions: Net income = $600; after-tax operating income [EBIT (1-T)] = $700; and Total assets = $2,000. Information for 2018 is as follows: Net income = $825; after-tax operating income [EBIT (1-T)] = $825; and Total assets = $2,500. Assume the firm had no excess cash. How much free cash flow did the firm generate during 2018?
A. $397 B. $286 C. $257 D. $367 E. $325