Which of the following is a feature of a good budget?

A. money reserved for saving

B. income that is less than its expenses

C. high use of credit

D. economic incentives

10) A worker performs a repetitive assembly task at a workbench to assemble products. Each product consists of 25 components. Various hand tools are used in the task. The standard time for the work cycle is 7.

The Bonita Vista Golf & Country Club details the following accounts in its financial statements. Classify each of the following accounts as an asset, liability, stockholders' equity, revenue, or expense item.

Cost of goods manufactured $68,250 Direct materials used 27,000 Direct labor incurred 25,000 Work in process inventory, January 1 11,000 Factory overhead is 75% of the cost of direct labor. Work in process inventory on December 31 is a.$13,500 b.

Feeney Furniture prepared the following sales budget: Month Cash Sales Credit Sales March $ 20,000 $ 14,000 April $ 35,000 $ 16,000 May $ 42,000 $ 40,000 June $ 57,000 $ 53,000 Credit collections are 20 % two months following the sale, 65 % in the

Mary Martin, the sole stockholder of Martin Consulting, received a $2,000 dividend from the company. Identify the general journal entry below that Martin Consulting will make to record the transaction.

Bulldog, Inc. has budgeted sales for the first quarter of the next year to be 30 comma 000 units. The inventory on hand at the beginning of quarter is 5 comma 000 units. The desired ending inventory is 5 comma 000 units.

Which of the following workers are most likely to be part of a union? (Select four answers.) A plumber A policewoman A writer A sales person A financial adviser An assembly line worker A high school teacher

A man earned wages of $52 comma 800 , received $2200 in interest from a savings account, and contributed $4000 to a tax-deferred retirement plan. He was entitled to a personal exemption of $3800 and had deductions totaling $7020.

The rate of return on the common stock of Lancaster Woolens is expected to be 21 percent in a boom economy, 11 percent in a normal economy, and only 3 percent in a recessionary economy.

You have been selected to collect tickets at Reading High School football game. Reserved seats cost $4.00 each and general admission tickets cost $3.00 each.