Cull Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $433,100, variable manufacturing overhead of $2.20 per machine-hour, and 61,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed: If the company marks up its unit product costs by 25% then the selling price for a unit in Job X455 is closest to: (Round your intermediate calculations to 2 decimal places.)

A) $406.75
B) $305.40
C) $76.35
D) $381.75

Fees paid for lawn service for office grounds
A)Product cost - direct materials
B)Product cost - direct labor
C)Product cost - factory overhead
D)Period cost - selling expense
E)Period cost - administrative expense

You are comparing two annuities with equal present values. The applicable discount rate is 7.5%. One annuity pays $5,000 on the first day of each year for twenty years. How much does the second annuity pay each year for twenty years if it pays at the end of each year?

A) $4,651
B) $5,075
C) $5,000
D) $5,375
E) $5,405

The break-even point is that level of activity where

A) total revenue equals total cost.
B) total revenue equals fixed cost.
C) total revenue equals variable cost.
D) total revenue equals product cost.

The times interest earned is computed by dividing net income by interest expense.

Tender of payment requires the buyer of goods to offer legal tender only.

On May 20, White Repair Service extended an offer of $108,000 for land that had been priced for sale at $140,000. On May 30, White Repair Service accepted the seller's counteroffer of $115,000. On June 20, the land was assessed at a value of $95,000 for property tax purposes. On July 4, White Repair Service was offered $150,000 for the land by a national retail chain. At what value should the land be recorded in White Repair Service's records?

A) $108,000
B) $95,000
C) $140,000
D) $115,000

Which one of the following will decrease the net working capital of a firm? Assume that the current ratio is greater than 1.0.

A) Selling inventory at a profit.
B) Collecting an accounts receivable.
C) Paying a payment on a long-term debt.
D) Selling a fixed asset for book value.
E) Paying an accounts payable.

Employee assistance programs (EAPs) can help the employees on all of the following EXCEPT:

A) family and marriage conflicts.
B) pension plans.
C) legal troubles.
D) financial problems.

When it comes to the use of influence tactics, someone with referent power might gravitate towards

A) assertiveness.
B) ingratiation.
C) rationality.
D) exchange.
E) upward appeal.