Members of a limited-liability company (LLC) are not personally liable for the debts of the business

Indicate whether the statement is true or false

TRUE

Business

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Caltran, Inc completed manufacturing Job 445

It included $350 of direct materials cost, $1,240 of direct labor cost, and $500 of allocated manufacturing overhead. Which of the following is the correct journal entry needed to record the completed job? A) Work-in-Process Inventory 2,090 Finished Goods Inventory 2,090 B) Finished Goods Inventory 2,090 Materials Inventory 2,090 C) Work-in-Process Inventory 1,590 Cost of Goods Sold 1,590 D) Finished Goods Inventory 2,090 Work-in-Process Inventory 2,090

Business

The trade-off approach may be easier to use when there are/is ________

A) many variables B) only a few alternatives C) observers that are biased D) possible offers that are limited E) only one highly desirable solution

Business