In Henkel Company 50000 units are produced and 40000 units are sold. Variable manufacturing costs per unit are $8 and fixed manufacturing costs are $120000. The cost of the ending finished goods inventory under each costing approach is: Absorption Variable Costing ‾ Costing ‾\begin{array}{cc}\text { Absorption } & \text { Variable } \\ \underline{\text { Costing }} & \underline{ \text { Costing }}\end{array} Absorption Costing Variable Costing A) $104,000$80,000\begin{array}{lrr}& \$ 104,000 & \$ 80,000 \\\end{array}$104,000$80,000 B) 104,000100,000\begin{array}{lrr} & 104,000 && 100,000 \\\end{array}104,000100,000 C) 112,00080,000\begin{array}{lrr}& 112,000 && 80,000 \\\end{array}112,00080,000 D) 1,120,000100,000\begin{array}{lrr}& 1,120,000 & 100,000\end{array}1,120,000100,000
Perez Company has the following information for the pay period of January 15-31. Assuming no employees are subject to ceilings for their earnings, calculate salaries payable and employer payroll tax expense.
In the Papyrus Corporation cash receipts from customers were $136000 cash payments for operating expenses were $102000 and one-third of the company's $9300 income taxes were paid during the year. Net cash provided by operating activities is:
Which of the following is an example of financing?
A) An investor purchases stocks and bonds B) A company issues stock to raise money to purchase assets C) An investors buys shares in a mutual fund to earn a return D) An investor sells stocks and bonds
Which of the following statements is true of the job descriptive index?
A) It is the most commonly used method to assess procedural justice. B) It has a single overall measure of job satisfaction. C) It assesses satisfaction with specific job aspects such as pay, the work itself, and supervision. D) It assesses the contextual performance of employees.