BUS105 무료 덤프문제 온라인 액세스

You are the financial accountant for Antioch Ski Resort. Managers have been promised end-of-year bonuses if profits for the year increase by 10%. At the end of the year, you determine that profits increased by only 8%, and the managers ask you to "fudge the numbers a bit" so they can still receive their bonuses. What should you do?

• A.Report the managers to the CEO
• B.Check whether the company has a policy on resolving ethical conflicts
• C.Consider inflating the profits for the year, since it is only a 2% difference
• D.Resign from the company

Ladron Candies is analyzing sales and production data for the holiday boxes they produced last year. The company expected to use 2 pounds of direct materials to produce one box of specialty candy at a cost of $3.00 per pound. Invoices show the company purchased 1,650,000 pounds of direct materials at $2.90 per pound and used 1,580,000 pounds in production. They sold 800,000 boxes of candy to retailers. What is the materials quantity variance?

• A.$(165,000) favorable materials quantity variance
• B.$(60,000) favorable materials quantity variance
• C.$(60,000) unfavorable materials quantity variance
• D.$(165,000) unfavorable materials quantity variance

Ladron Candies is analyzing sales and production data for the holiday boxes they produced last year. The company expected to use 0.10 direct labor hours to produce one box of specialty candy, and the variable overhead rate was $2.00 per hour. According to payroll records, the company paid for a total of 104,000 hours of direct labor wages. The actual variable overhead costs totaled $200,000. They sold 800,000 boxes of candy to retailers. What is the variable overhead efficiency variance?

• A.$8,000 favorable variable overhead efficiency variance
• B.$48,000 unfavorable variable overhead efficiency variance
• C.$48,000 favorable variable overhead efficiency variance
• D.$8,000 unfavorable variable overhead efficiency variance

Wycliff Corp. had an immaterial credit balance of $1,250 in the manufacturing overhead account after $21,750 was applied to the WIP inventory account. To close the manufacturing overhead account at the end of the period, assuming no further transactions took place, what should Wycliff do?

• A.Debit manufacturing overhead $1,250; credit cost of goods sold $1,250
• B.Debit manufacturing overhead $20,500; credit cost of goods sold $20,500
• C.Debit cost of goods sold $20,500; credit manufacturing overhead $20,500
• D.Debit cost of goods sold $1,250; credit manufacturing overhead $1,250

This is the balance sheet for Swinney Services. Using trend analysis, what does this information tell us about the trends for current assets and current liabilities?

• A.Current assets increased at a rate nearly 4x higher than current liabilities
• B.Current assets increased at a rate nearly 2x higher than current liabilities
• C.Current assets increased at a rate nearly 6x higher than current liabilities
• D.Current assets increased at a rate nearly 10x higher than current liabilities