What term refers to the cost of changing direct materials into a finished manufactured product?

a. period cost

b. factory overhead cost

c. direct labor cost

d. conversion cost?

Congress must vote whether to increase the government budget so as not to shut down the government this year The vote passed and the budget ceiling has been increased to keep the government running. This is an example of what type of policy? a.

Standard Actual Variable overhead rate $3.35 Fixed overhead rate $1.80 Hours 18,900 17,955 * Fixed overhead $46,000 Actual variable overhead $67,430 Total factory overhead $101,450 * Actual hours are equal to standard hours for units produced.

Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $242.00. 15 Replenished the petty cash fund by writing a check for $196.00. On this date, the fund consisted of $46.

What are core deposits and why are they so important as a funding source for commercial banks?

Sally hires a maid to work in her home for $280 per month. The maid is 25 years old and not related to Sally. During 2019, the maid worked 9 months for Sally. Do not round immediate computations and round your final answers to two decimal places. a.

Fixed expenses: a. includes labor, raw materials, and commissions. b. can be estimated by taking into consideration the production. c. are incurred regardless of sales volume. d. must be linked to strategy in the business plan

4) Which of the following is least likely to be your primary health care provider? a. an allergist b. an internist c. an obstetrician-gynecologist

T/F A macroeconomist would be concerned with the following statement. "Two major hurricanes caused significant damage to the eastern seaboard and led to a fall in GDP and a rise in unemployment in the U. S. economy."

At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $14,000. By the end ofthe year, actual bad debts total $15,000. Record the write-off to uncollectible accounts.

Landor Appliance Corporation makes and sells electric fans. Each fan regularly sells for $40. The following cost data per fan is based on a full capacity of 155,000 fans produced each period.