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NEW QUESTION: 1
A manufacturing firm produces multiple families of products requiring various combinations of different types of parts. The manufacturer has identified various cost pools. One of which consists of materials handling costs. This cost pool includes the wages and employee benefits of the workers involved in receiving materials, ins ting materials, storing materials in inventory, and moving materials to the workstations; depreciation and maintenance of materials handling equipment forklift trucks): and costs of supplies used as well as other related costs. Of the following, the most appropriate cost driver for assigning materials handling costs to the various products most likely is:
A. Direct labor hours.
B. Number of vendors involved.
C. Number of parts used.
D. Number of units produced.
Answer: C
Explanation:
Cost drivers should be related to the costs accumulated in cost pools. The number of parts used has a direct cause-and-effect relationship with materials handling costs. The more parts used. the more handling is involved.

NEW QUESTION: 2
If there are five directors to be elected, and 500 shares are outstanding and voting for the election of directors, the minimum number of shares necessary to elect one director would be 84 shares. Proof: 84 shares time five directors to be elected equals 420 votes, all cast for one director. Assuming the rest of the stock (416 shares) votes in bloc as the majority, such total of 2,080 votes distributed among five directors would be 416 votes each. Therefore, an individual representing the minority and receiving its 420votes is sure to get one of the places on the board, the majority getting the other four places. The minority in this example must be sure to vote all of its 420 votes for one director; if it distributed the 420 votes among two, it obviously would not win any places on the board. Cumulative voting, move over, requires a majority of the stock to be able to elect a majority of the board. In the above example, five directors, ______________ shares are necessary, or a majority of the _____________ shares total.
A. 150, 300
B. 249, 500
C. 251, 500
D. 200, 400
Answer: C

NEW QUESTION: 3
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Answer:
Explanation:


NEW QUESTION: 4
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Answer:
Explanation:

Explanation



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