Motor Company manufactures some of their models in Japan and exports them to their U. S. subsidiary, American Honda. One such imported vehicle costs 1,772,000 JPY (Japanese Yen). American Honda purchases these vehicles from the parent company in JPY, then sells them to dealers in the United States priced in USD, at prices that remain stable over the course of a model year. American Honda is concerned about fluctuations in the JPY cost of the vehicles they purchase from their Japanese parent company, because rising JPY prices could reduce their USD profit margin. The spot rate of the JPY against the USD is currently 111.06 JPY per USD. What is the cost of the imported vehicle in USD?  a. $17,999.99
b. $16,222.99
c. $15,955.34
d. $15,001.89

Employees at a library check out books to patrons. books have an isbn and a name. the library sometimes has multiple copies of the same book. books have one or more authors. a patron is an individual who has an active (non-expired) library card. for each library card, we store the person's first and last names and their address. for each employee, we store their employee id, current salary, first and last name and their address. we also store the employee id of their current manager. each time we check out a book to a patron we need to store the date of the transaction, the employee who checked out the book to the patron, and the library card of the patron. some employees have library cards. if an employee patron turns in a book late, the fine that they pay is a percentage of their salary. some employees are authors who have library cards—they are allowed to check out as many books as they like.

Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.

Levine inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. direct materials (9 pounds at $1.80 per pound) $16.20 direct labor (6 hours at $14.00 per hour) $84.00 during the month of april, the company manufactures 270 units and incurs the following actual costs. direct materials purchased and used (2,500 pounds) $5,000 direct labor (1,660 hours) $22,908 compute the total, price, and quantity variances for materials and labor.