Business, 23.03.2021 03:20 maddycat4005
The information below has been taken from the cost records of Tink Co. for the past year:
Direct materials used in production $326
Direct labor 225
OH allocated at 60% of DL$ ?
Actual OH 145
Cost of goods available for sale 826
Sales revenue 900
Selling & administrative expenses 30
Inventories:
Beginning Ending
Work in process 80 30
Finished goods ? 110
SHOW ALL COMPUTATIONS:
a) Prepare a statement of cost of goods manufactured & sold for T Co.
(use normal costing)
Answers: 3
Business, 21.06.2019 20:30
Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and bondholders? a) compensating managers with stock options, b) financing risky projects with additional debt, c) the threat of hostile takeovers, d) the use of covenants in bond agreements that limit the firm's use of additional debt and constrain managers actions, e) abolishing the security and exchange commission
Answers: 1
Business, 22.06.2019 03:40
2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.
Answers: 2
Business, 22.06.2019 17:20
Andy owns islander surfboard inc. in the past, andy has always given his employees bonuses during the holidays if they reached certain sales goals. this year, even though the company is thriving, he decided to cut bonuses from employees and award them to himself instead. what ethical theory of leadership is andy following?
Answers: 1
The information below has been taken from the cost records of Tink Co. for the past year:
Direct ma...
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