What is the seasonal index for the third quarter? (Round to the nearest hundredth.)
The following data represents quarterly sales of lawnmowers.
Year Quarter 1 Quarter 2 Quarter 3 Quarter 4
1 150 140 190 165
2 160 148 210 175
A) .20
B) .22
C) .26
D) .30
Answer: D
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Which of the following is necessary in order to have a security interest attach?
A. The debtor must have rights in the collateral. B. The creditor must take possession of the collateral. C. There must be a proper filing. D. The debtor must sign a security agreement which describes the collateral.
Jeremy Corporation estimated manufacturing overhead costs for the year to be $510,000
Jeremy also estimated 9,000 machine hours and 3,000 direct labor hours for the year. It bases the predetermined overhead allocation rate on machine hours. On January 31, Job 25 was completed. It required 4 machine hours and 4 direct labor hours. What is the amount of manufacturing overhead allocated to the completed job? (Round your answer to the nearest dollar.) A) $57 B) $453 C) $228 D) $680