During the current month, Acme Company’s total manufacturing costs added are $205,000, the balance of work in process inventory increases $9,000, and the balance of finished goods inventory decreases $6,000. Sales revenue are $383,000 and selling and administrative expenses are $84,000. What is Acme’s operating income during the current month?

Here are data regarding Acme Company’s inventory balances for the current month: During the current month, Acme purchases $67,500 of raw materials and uses $92,500 of direct labor. The raw materials used in the current month include $8,600 of indirect materials. Manufacturing overhead applied is $59,500. What is the cost of goods manufactured during the current month?

Louie is a bit of a cad, and it’s not beyond him to use a trick or two to heighten his public speaking. Prior to taking the stage, he puts a small dab of menthol gel on his index finger. While pretending to rub his nose, he daubs the gel on his face, so that a few minutes later, the menthol vapors irritate his eyes slightly and he appears to start crying . . . just at the crucial moment when he concludes a tragic personal story. Ethically or nor, Louie knows how to utilize which presentational tactic?

__________ are statements that go beyond what is observed.

Which pattern of organization divides a large topic into smaller categories within that topic?

The average person can listen to and retain information for about __________ before losing interest in the message.

Before making its closing entries at the end of the year, Acme Company’s manufacturing overhead account has a debit balance of $23,500. During the year, the total amount of manufacturing overhead applied to jobs is $400,000, of which $280,000 is included in cost of goods sold, $88,000 is included in ending finished goods inventory, and $32,000 is included in ending work in process inventory. Assuming the amount in the manufacturing overhead account is material, the entry to correct the overapplied or underapplied manufacturing overhead will include a:

Acme Company makes and sells a single product called a widget. Acme’s income statement for the current month is as follows: Each widget sells for $150. Variable selling expenses are $9 per widget, and the remainder of the selling expenses are fixed. Variable administrative expenses are 7% of sales revenue, and the remainder of the administrative expenses are fixed. Assume “Y” equals the total selling and administrative expenses and “X” equals the total number of widgets sold. What is the mixed cost formula for total selling and administrative expenses?

Using multiple forms of supporting material during a presentation usually has the effect of:

Acme Company makes the following estimates for the upcoming year: total annual manufacturing overhead costs of $810,000, total annual direct labor hours of 25,000 hours, and total annual machine hours of 40,000 hours. Acme’s direct labor costs are $36 per hour. Which of the following overhead rates accurately reflects Acme’s expected overhead costs?