Cost of a radio commercial
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

____________________ orientations are preferences that people have regarding the kinds of outcomes they prefer in social settings where interdependence with others is present.

The budgeting process involves:

A) Predicting the amount of product needed along with the selling price of the product
B) Estimating the amount that each department will spend on items such as salary and material.
C) Determining which individuals will be tasked with ensuring the budget will be followed.
D) ​All of the above.

Economists mostly agree that the Great Depression was principally caused by factors that shifted short-run aggregate supply left.

The term inflation is used to describe a(n) :

A) rise in the value of money.
B) decline in nominal income.
C) sustained increase in the price level.
D) general reduction in prices.
E) economic problem faced only by the elderly population.

A company pays an employee $3,000 for a five-day work week, Monday-Friday. The adjusting entry on December 31, which is a Wednesday, is a debit to Wages Expense, $1,800, and a credit to Wages Payable, $1,800.

Fletes Corporation manufactures two products: Product O95C and Product M31N. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products O95C and M31N. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product O95C?

A) $392,500
B) $136,000
C) $399,000
D) $263,000