Alpha Beta Inc. is a self-service shop that offers a wide variety of foods and household products, organized into aisles. Alpha Beta is a _____

Fisher Manufacturing uses a standard cost system

Data on standard costs and actual costs are as follows: Direct materials: Standard Actual Direct materials units per unit of output 2.0 3.3 Sales price per unit of direct materials $5.00 $4.80 Direct materials cost per unit $10.00 $16.00 Number of units 3,000 3,000 Direct materials cost $30,000 $48,000 Direct labor: Standard Actual Hours per unit 0.5 0.4 Cost per hour $18.00 $20.00 Labor cost per unit $9.00 $8.00 Number of units 3,000 3,000 Direct labor cost $27,000 $24,000 Variable overhead* Standard Actual Hours per unit 0.5 0.4 Cost per hour $30.00 $29.00 Variable overhead cost per unit $15.00 $11.60 Number of units 3,000 3,000 Variable overhead cost $45,000 $34,800 *allocated based on direct labor hours Fixed overhead* Standard Actual Hours per unit 0.5 0.4 Cost per hour $10.00 $9.00 Fixed overhead cost per unit $5.00 $3.60 Number of units 3,000 3,000 Fixed overhead cost $15,000 $10,800 *allocated on the basis of direct labor hours Give the journal entry to transfer the cost of units from Work-in-Process Inventory to Finished Goods Inventory. What will be an ideal response

_________ are decisions which managers make with respect to investment and divestment of capital assets (buildings, equipment, business subsidiaries) which may be needed, or are no longer needed.

A. Credit Transactions B. Liquidity Transactions C. Strategic Transactions D. Current Asset Transactions E. Capital Asset Transactions