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The following production data were taken from the records of the Finishing Department for July: Inventory in process, March 1, 30% completed 4,000 units Transferred to finished goods during March 38,500 units Ending work in process during March, 40% completed 3,500 units Determine the total equivalent units for direct materials, assuming that the first-in, first-out method is used to cost inventories. Assume that all direct materials are placed in process at the beginning of production.a. 39,400 units b. 36,600 units c. 37,000 units d. 41,000 units
Question 2: Multiple Choice (Worth 10 points) (01.03 LC) Which statement explains a proportional tax system? A proportional tax system has the same tax rate for all income levels.
The predetermined manufacturing overhead rate for the year was 140% of direct labor cost; employees were paid $17.50 per hour. If the estimated direct labor hours were 15,000, what was the estimated manufacturing overhead? A. $210,000. B. $187,500. C. $262,500. D. $367,500.
Brick-n-Go, a construction firm, needs a construction superintendent to organize, supervise, and inspect the work of various subcontractors. The firm administers a construction-error recognition test in which an applicant enters a shed containing 25 construction errors and must identify as many errors as possible. The type of validity being established in this case is content validity.
Examples of negative body language include all but: A. Chewing Gum B. Slouching in your seat. C. Looking the other person directly in the eye. D. Fidgeting with paper or pens.
What are the three workplace violence prevention strategies covered in this module? A. Employer and employee involvement, remaining calm, and calling 911. B. Employer and employee involvement, recognizing warning signs, and developing coping skills. C. Employer and employee involvement, adhering to workplace safety guidelines, and implementing security measures. D. Establishing employer's written policies, assigning employee responsibilities, and enhancing coping skills.
Caribou Gold Mining Corporation is expected to pay a dividend of $6 in the upcoming year. Dividends are expected to decline at the rate of 3% per year. The risk-free rate of return is 5%, and the expected return on the market portfolio is 13%. The stock of Caribou Gold Mining Corporation has a beta of 0.5. Using the constant-growth DDM, the intrinsic value of the stock is _________.
Which economic question determines how a society will produce goods and services?
A machine with a cost of $130,000, accumulated depreciation of $85,000, and current year depreciation expense of $17,000 is sold for $40,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:A. $45,000.B. $5,000.C. $17,000.D. $28,000.E. $40,000.
The price of money borrowed or saved is called _____. interest loan money supply
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