Answers

BC

Answered

The activity rate for the General Factory activity cost pool under activity-based costing is closest to:

A) $64.04 per MH
B) $23.50 per MH
C) $28.55 per MH
D) $71.49 per MH

On Jul 09, 2024


B
BC

Answered

The process of determining the likelihood that customers will not pay is called ____________.

A) The terms of sale.
B) Credit analysis.
C) The collection policy.
D) The payables policy.
E) Disbursement analysis.

On Jul 06, 2024


B
BC

Answered

Which of the following should be considered when determining how accurate and objective information is?

A) How unique the information is
B) Whether the information is new,and therefore the most current available
C) The sources' reputation for honesty and reliability
D) Whether the information used for another purpose will support the goals of the research
E) How easy it is to understand the material

On Jun 09, 2024


C
BC

Answered

Marquez purchased some equipment for $58,750 on August 15,2016.He decided he did not need the equipment so he sold it on June 13,2017 for $56,500.The equipment was subject to depreciation of $6,964 for 2016 and 2017.What gain or loss will Marquez recognize on the sale of the equipment?

A) $2,250 ordinary loss.
B) $2,250 capital loss.
C) $4,714 ordinary gain.
D) $4,714 capital gain.

On Jun 06, 2024


C
BC

Answered

Holling Incorporated uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December.
Holling Incorporated uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December.    Required:Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.) Required:Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.)

On May 10, 2024


Weighted-average method:
Weighted-average method:
BC

Answered

The direct labor time variance measures the efficiency of the direct labor force.

On May 07, 2024


True