Twila decides to purchase several party trays for her holiday party. she sees that a local store has relish trays for $18.95, cheese and cracker trays for $23.99, and cookie trays for $25.49. the store also has a coupon in its flyer for $5 off any purchase of $50 or more on party trays. twila orders 1 relish, 1 cheese and cracker, and 2 cookie trays. at this store, discount coupons are applied after tax is calculated, so a sales tax of 8% was added to twila’s purchase, and then coupon amount was deducted. if twila was charged $96.43, determine if she paid the correct amount. a. twila paid the correct amount for her purchase. b. twila paid $4.00 too little for her purchase. c. twila paid $0.40 too much for her purchase. d. twila paid $2.51 too much for her purchase.

White company has two departments, cutting and finishing. the company uses a job-order costing system and computes a predetermined overhead rate in each department. the cutting department bases its rate on machine-hours, and the finishing department bases its rate on direct labor-hours. at the beginning of the year, the company made the following estimates: department cutting finishing direct labor-hours 6,000 30,000 machine-hours 48,000 5,000 total fixed manufacturing overhead cost $ 264,000 $ 366,000 variable manufacturing overhead per machine-hour $ 2.00 " variable manufacturing overhead per direct labor-hour " $ 4.00 required: 1. compute the predetermined overhead rate for each department. 2. the job cost sheet for job 203, which was started and completed during the year, showed the following: department cutting finishing direct labor-hours 6 20 machine-hours 80 4 direct materials $ 500 $ 310 direct labor cost $ 108 $ 360 using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to job 203. 3. would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwide predetermined overhead rate based on direct labor-hours, rather than using departmental rates?

Acompany determined that the budgeted cost of producing a product is $30 per unit. on june 1, there were 80,000 units on hand, the sales department budgeted sales of 300,000 units in june, and the company desires to have 120,000 units on hand on june 30. the budgeted cost of goods sold for june would be

True or false: banks are required to make electronically deposited funds available on the same day of the deposit