A donation was received by a voluntary health and welfare organization specifically to care for indigent patients. Which of the following should be used to record the gift?

If Manufacturing Overhead has a debit balance at the end of the period, then

a. overhead has been underapplied. b. the overhead assigned to Work in Process Inventory is more than the overhead incurred. c. overhead has been overapplied. d. management must take corrective action.

Merchandise cannot generally be examined by consumers in which retail formats?

a. membership clubs and flea markets b. direct selling and specialty stores c. direct marketing and vending machines d. retail catalog showrooms and membership clubs