A yardstick used to evaluate how well employees have achieved each objective is called ____________________________

The convergence of previously separate technologies such as computers, telephones/telecom/cable TV, contribute to the increased importance and complexity of IT

Indicate whether the statement is true or false

Buncombe Company presents the following cost data for 2009:

Estimated manufacturing overhead costs $240,000 Estimated direct labor cost $300,000 Estimated direct labor hours 30,000 Actual direct labor cost $315,000 Actual direct labor hours 33,000 Allocation base: Direct labor cost Other expenses: Factory depreciation on equipment $65,300 Factory rent $51,000 Factory utilities $28,900 Factory property taxes $26,000 Indirect labor $23,800 Indirect materials $32,000 Sales commissions $52,500 What is required to close the manufacturing overhead account on December 31, 2009? A) A credit to manufacturing overhead for $25,000 B) A credit to work in process inventory for $25,000 C) A debit to cost of goods sold for $25,000 D) A debit to manufacturing overhead for $25,000