Which of the following is true of using trucks as a transportation mode?
A) Transportation via trucks is costlier than by rail or air.
B) Trucks are a specialized means of shipping petroleum, natural gas, and chemicals from sources to markets.
C) Trucks provide in-transit services such as the diversion of shipped goods to other destinations en route.
D) Trucks are highly flexible in their routing and time schedules.
E) Trucks are the slowest mode of transportation and most affected by the weather.
D
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During the month, New Products Manufacturing incurred $47,000 in direct labor costs in Department 1, $26,000 direct labor costs in Department 2, and $3,500 of indirect labor costs
The summary journal entry to record these transactions includes a ________. A) credit to Manufacturing Overhead for $3,500 B) debit to Work-in-Process Inventory for $73,000 C) credit to Wages Payable for $73,000 D) debit to Work-in-Process Inventory-Department 2 for $26,000
The net present value:
A. decreases as the required rate of return increases. B. is equal to the initial investment when the internal rate of return is equal to the required return. C. method of analysis cannot be applied to mutually exclusive projects. D. is directly related to the discount rate. E. is unaffected by the timing of an investment's cash flows.