If the debtor is generally not paying debts as they become due, the debtor may be subject to an involuntary bankruptcy petition

Use the information in Scenario 2.3. What is the standard time for the entire job?

A) greater than or equal to 10.0 minutes B) less than 10.0 minutes but greater than or equal to 8.5 minutes C) less than 8.5 minutes but greater than or equal to 7.0 minutes D) less than 7.0 minutes

If direct labor for the month is $100,000, and overhead is applied based on 75% of direct labor dollars, what is the entry to apply overhead?

A) Debit Work-in-Process Inventory $75,000; credit Payroll Payable $75,000 B) Debit Overhead-Applied $75,000; credit Work-in-Process Inventory $75,000 C) Debit Work-in-Process Inventory $75,000; credit Manufacturing Overhead-Applied $75,000 D) Debit Work-in-Process Inventory $100,000; credit Manufacturing Overhead-Applied $100,000