Author: Anonymous

Iron Inc. manufactures several products and uses an activity-based costing system to allocate overhead costs. Here are data regarding all of Iron’s various products for the current year: One of Iron’s products is iron beams. Here are data regarding the production of beams during the current year: What is the per-unit manufacturing cost of an iron beam?

Flash Shoe Company manufactures running shoes. During the month of October, Flash incurred the following costs: What are the company’s total period costs for the month of October?

Puffin Company’s operating income is $48,000 per month. Puffin’s operating leverage factor is 1.75 at this level of operating income. Puffin’s variable costs are 40% of its sales revenue. What are Puffin’s fixed costs per month?

Skeletal muscle is voluntary, striated and multinucleate.  Smooth muscle is voluntary, non striated, and uninucleate.

In eukaryotes, transcription occurs on the ribosomes that are bound to the endoplasmic reticulum

Simultaneous transcription and translation of a particular gene can occur in eukaryotes

Cove Enterprises operates a wholesaling business. All inventory sales and purchases are on account. Cove’s monthly sales budget is as follows: May $340,000, June $320,000, and July $310,000. Collections are 80% in the month of the sale and 20% in the month following the sale. Cost of goods sold is budgeted at 75% of sales and ending inventory is budgeted at 60% of the next month’s cost of goods sold. Cove pays all its accounts payable in the month following the purchase. Selling and administrative expenses are $24,000 per month and are all paid in cash. Monthly depreciation on plant and equipment is $15,000. What is the budgeted net cash inflow for the month of June?

The tendency of anticodons to bind codons varying in their third base is called __________.  

Buffalo Company uses a manufacturing overhead rate based on direct labor hours to allocate manufacturing overhead to jobs. Here are data regarding Buffalo’s current-year operations: The amount of overapplied overhead for the year is $45,000. What were the actual direct labor hours for the year? Round to the nearest whole number and do not enter a decimal point (e.g., enter 89, not 89.0).

The cell membranes are composed of a double layer of _________________.