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Luis Morrison
Business
Last month, Vern's Assembly Department had a unit materials cost of $4.00 and a unit conversion cost of $5.00. The department transferred out 68,000 units during the month and had 12,000 units in ending work in process inventory that were 40% complete with respect to conversion at the end of the month. If all materials are added at the beginning of the process and conversion costs are added uniformly throughout the process, what is the total cost of the department's ending work in process inventory?
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Gerardo Mcbride
Business
EA4.
LO 2.2Hicks Contracting collects and analyzes cost data in order to track the cost of installing decks on new home construction jobs. The following are some of the costs that they incur. Classify these costs as fixed or variable costs and as product or period costs.
Lumber used to construct decks ($12.00 per square foot)
Carpenter labor used to construct decks ($10 per hour)
Construction supervisor salary ($45,000 per year)
Depreciation on tools and equipment ($6,000 per year)
Selling and administrative expenses ($35,000 per year)
Rent on corporate office space ($34,000 per year)
Nails, glue, and other materials required to construct deck (varies per job)
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Isabell Garcia
Business
A company's defined benefit pension plan had a pension benefit obligation (PBO) of $265,000 on 1/1/2018. During 2018, pension benefits paid were $40,000. The discount rate for the plan for this year was 10%. Service cost for 2018 was $80,000. Plan assets (fair value) increased during the year by $45,000. The amount of PBO at December 31, 2018 was what?
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Brandon Weaver
Business
Which of the following is not one of the steps for recognizing revenue? Identify the performance obligations of the contract. Identify the contract with the customer. Estimate the total transaction price of the contract based on the sum of the stand-alone selling prices of the goods and Allocate the transaction price to the performance obligations.
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Cierra Golden
Business
Panther Co. had a quality-assurance warranty liability of $359,000 at the beginning of 2018 and $308,000 at the end of 2018. Warranty expense is based on 3% of sales, which were $44 million for the year. What were the warranty expenditures for 2018?
a. $1,320,000
b. $1,269,000
c. $0
d. $1,371,000
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Renee Holmes
Business
An amortized loan: Multiple Choice requires the principal amount to be repaid in even increments over the life of the loan. may have equal or increasing amounts applied to the principal from each loan payment. requires that all interest be repaid on a monthly basis while the principal is repaid at the end of the loan term. requires that all payments be equal in amount and include both principal and interest. repays both the principal and the interest in one lump sum at the end of the loan term.
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Ryan Lowery
Business
Why is it easier for a partnership to borrow money than a sole proprietorship?
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Tyrell Kramer
Business
Modern corporation operates a steel mill. it has never contributed anything to the local community, and it knowingly pollutes both the air and the river that runs by its mill. the corporation's reasoning is that the cost of installing pollution control devices would diminish its profits, and it doesn't support the community because it provides jobs and doesn't think it owes anything else to the citizens in its area. donating to the community would also diminish profits. which theory of corporate social responsibility is modern corporation exhibiting?
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Devin Michael
Business
According to the Bureau of Labor Statistics (BLS) high-paying jobs in health care and jobs in leisure, hospitality, and education will expand quickly over the next five years. How does the BLS expect what and for whom goods and services are produced to change in the next five years?
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Kirsten Olsen
Business
Identify five basic causes of the environmental problems that we face today. What is poverty? In what ways do poverty and affluence affect the environment? Explain the problems we face by not including the harmful environmental costs in the prices of goods and services.
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Yandel Welch
Business
Read the passage. Then answer the question that follows.
Jimena recently took out a fixed-rate loan from a bank in order to purchase a new car. She agreed to repay the loan within five years. Unexpectedly, the inflation rate rose dramatically shortly after she took out the loan.
Will this situation provide more financial benefit to Jimena or the bank? Why?
A Jimena, because the value of the money she was loaned will increase
B the bank, because the value of the money it loaned to Jimena will increase
C Jimena, because she will repay the loan with money worth less than the money she was loaned
D the bank, because it will be repaid with money worth more than the money it loaned to Jimena
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Immanuel Rivas
Business
Thirty-seven-year-old steven is a single male who has suffered from depression all his life. he has been in treatment for the last week and a half and has begun taking an antidepressant. he is starting to feel better, but he is tired of living this way and does not want to face another depressive episode. in terms of risk factors for suicide, steven is:
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Nina Vaughn
Business
Mike inherited some antiques. Pat agrees to buy them. In the contract, Mike and Pat agree to value the antiques at whatever the Sotheby's representative says. It is much higher than either of them anticipated. What is the outcome?
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Iris Riley
Business
Among the various kinds visual aids, tables are what?
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Giana Frederick
Business
Tp-22 what test can be performed to detect a leak after fueling a gasoline-powered boat?
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