Most small business managers follow the manufacturer's suggested retail price when it is available

Venus Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost

At the beginning of the year, it estimated the manufacturing overhead rate to be 20% of the direct labor cost. In the month of June, Venus completed Job 13C and its details are as follows: Direct materials cost $6,360 Direct labor cost $20,000 Direct labor hours 34 hours Units of product produced 220 What is the total cost incurred for Job 13C? A) $27,632 B) $24,000 C) $10,360 D) $30,360

In the Olympic organizational structure National Governing Bodies (NGBs) report directly to

A. National Olympic Committees (NOCs). B. International Federations (IFs). C. Organizing Committees for the Olympic Games (OCOGs). D. National Olympic Committees (NOCs) and International Federations (IFs). E. All of these are correct.