Which of the following is a reason why nations set up import controls?
A) to prevent the imposition of antidumping duties
B) to prevent foreign companies from destroying home industries
C) to reduce the flow of foreign currency coming into the home country
D) to prevent unfriendly nations from obtaining sensitive goods
B
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Liz Zackery just launched a firm in the sporting goods industry
On the day the company was launched, Liz issued a press release, indicating that the vice president of New Balance, a highly respected athletic shoe and sports apparel company, had agreed to serve on her board of directors. Liz knows that such a high quality appointment will send an important message to her potential clientele. This phenomenon is referred to as ________. A) championing B) signaling C) profiling D) indicating E) trumping
Here is some basic data for Bella Company:
Cost of materials purchases on account $80,000 Cost of materials requisitioned (includes $2,000 of indirect) 55,000 Direct labor costs incurred 95,000 Manufacturing overhead costs incurred, including indirect materials 93,500 Cost of goods completed 252,000 Cost of goods sold 137,000 Beginning raw materials inventory 19,000 Beginning work in process inventory 33,000 Beginning finished goods inventory 35,500 Predetermined manufacturing overhead rate (as % of direct labor cost) 125% The journal entry to record the allocation of manufacturing overhead involves a debit to work in process inventory of A) $118,750. B) $93,500. C) $68,750. D) $76,000.