The lakeside company uses a weighted-average process costing system. the following data are available: beginning inventory -0- units started in production 20,000 units finished during the period 16,000 units in process at the end of the period (complete as to materials, ¼ complete as to labor and overhead) 4,000 cost of materials used $ 35,200 labor and overhead costs $ 37,400 total cost of the 4,000 units of the ending inventory: multiple choice a. $15,840. b. $14,520. c. $9,240. d. $8,910.

Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.

Which example would the government consider as intellectual property? a. product design that contains a hologram of the logo of the company b. a copy of a famous artist’s painting in a new medium c. a plant species discovered in the united states for the first time d. a method of production that is common to an entire industry e. a discount structure offered to the customer at a store

Which of the following statements is true about an atm card?