The desire for control is the primary difference between foreign direct investments and portfolio investments

Costs that have both variable and fixed components are called ________

A) fixed costs B) variable costs C) mixed costs D) contribution costs

Anderson Enterprises uses a job costing system. Record the following transactions in Anderson Enterprises' general journal for the current month:

a) Purchased raw materials on account, $82,000. b) Requisitioned $41,300 of direct materials and $9,000 of indirect materials for use in production. c) Factory payroll incurred, $110,000; 75% direct labor, 25% indirect labor. d) Recorded depreciation expense factory equipment $15,000, and other manufacturing overhead of $56,200 (credit accounts payable). e) Allocated manufacturing overhead costs based on 125% of direct labor cost. f) Cost of completed production for the current month, $133,000. g) Cost of finished goods sold, $112,000; selling price, $162,000 (all sales on account).