The boot department at the omaha department store is being considered for closure. the following information relates to boot activity: sales revenue $352,000 variable costs: cost of goods sold 282,000 sales commissions 32,000 fixed operating costs 92,000 if 80% of the fixed operating costs are avoidable, should the boot department be closed? a. yes, omaha would be better off by $35,600. b. yes, omaha would be better off by $54,000. c. no, omaha would be worse off by $19,600. d. no, omaha would be worse off by $38,000 e. none of the answers is correct.

Who collects federal taxes? a. irs b. ins c. treasury d. federal reserve

marketing strategies should be established before marketing objectives are decided. t/f

Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work