LT
Lewden Tristan
Answers (8)
LT
Answered
In retail businesses, inventory is reported as a current asset.
On Aug 01, 2024
True
LT
Answered
One of the criteria for developing your own best prospecting method is to always call back on prospects who did not buy.
On Jul 29, 2024
True
LT
Answered
Sharp Machine Company files a suit against Tseng Parts Ltd., alleging a defective shipment of goods. During the trial, the plaintiff's attorney calls the first witness and asks questions. This questioning is called
A) cross-examination.
B) direct examination.
C) an opening statement.
D) hearsay.
A) cross-examination.
B) direct examination.
C) an opening statement.
D) hearsay.
On Jul 02, 2024
B
LT
Answered
Which of the following would be most likely to use process costing?
A) custom furniture manufacturer
B) auto body repair shop
C) law firm
D) lawn fertilizer manufacturer
A) custom furniture manufacturer
B) auto body repair shop
C) law firm
D) lawn fertilizer manufacturer
On Jun 29, 2024
D
LT
Answered
You will need to use persuasion if you anticipate resistance.
On Jun 01, 2024
True
LT
Answered
Social competence in emotional intelligence includes ______.
A) empathy
B) self-regulation
C) confidence
D) motivation
A) empathy
B) self-regulation
C) confidence
D) motivation
On May 29, 2024
A
LT
Answered
Motts Incorporated has a standard cost system in which the standard direct labor for a particular product is 0.50 hours at the standard rate of $21.00 per hour. The company has reported the following actual results for the product for October:
Required:a. Compute the labor rate variance for October.b. Compute the labor efficiency variance for October.
Required:a. Compute the labor rate variance for October.b. Compute the labor efficiency variance for October.On May 02, 2024
a. Labor rate variance = (Actual hours × Actual rate) − (Actual hours × Standard rate)= $22,995 − (1,050 hours × $21.00 per hour)= $22,995 − $22,050= $945 Unfavorable
b. Standard hours = 2,300 units × 0.50 hours per unit = 1,150 hoursLabor efficiency variance = (Actual hours × Standard rate) − (Standard hours × Standard rate)= (Actual hours − Standard hours) × Standard rate= (1,050 hours − 1,150 hours) × $21.00 per hour= (−100 hours) × $21.00 per hour= $2,100 Favorable
b. Standard hours = 2,300 units × 0.50 hours per unit = 1,150 hoursLabor efficiency variance = (Actual hours × Standard rate) − (Standard hours × Standard rate)= (Actual hours − Standard hours) × Standard rate= (1,050 hours − 1,150 hours) × $21.00 per hour= (−100 hours) × $21.00 per hour= $2,100 Favorable
LT
Answered
The stocks on the Dow Jones Industrial Average
A) have remained unchanged since the creation of the index.
B) include most of the stocks traded on the NYSE.
C) are changed occasionally as circumstances dictate.
D) consist of stocks on which the investor cannot lose money.
E) include most of the stocks traded on the NYSE and are changed occasionally as circumstances dictate.
A) have remained unchanged since the creation of the index.
B) include most of the stocks traded on the NYSE.
C) are changed occasionally as circumstances dictate.
D) consist of stocks on which the investor cannot lose money.
E) include most of the stocks traded on the NYSE and are changed occasionally as circumstances dictate.
On Apr 29, 2024
C