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NEW QUESTION: 1
FL uses an absorption costing system. The overhead absorption rate for production overheads is $8.60 per direct labour hour.
Budgeted production overhead costs for the year were $473,000 and actual costs incurred were $468,000.
56,000 labour hours were used.
Which ONE of the following statements is correct?
A. Overheads were under-absorbed by $8,600
B. Overheads were over-absorbed by $8,600
C. Overheads were over-absorbed by $13,600
D. Overheads were under-absorbed by $5,000
Answer: C

NEW QUESTION: 2
You are configuring Microsoft Dynamics 365 for Finance and Operations.
You need to allow finance user to acquire assets by creating Fixed assets journals.
Which configuration should you complete to enable this functionality?
A. In the Fixed assets module, create an Acquisition method for Fixed asset journals.
B. In the General ledger module, create a journal name with the type Fixed asset budgets.
C. In the General ledger module, create a journal name with the type Post fixed assets.
D. In the General ledger modules, create a Default description with the type Fixed assets - posting, ledger.
Answer: C

NEW QUESTION: 3
Which option is used to describe a customer's vision, mission, strategy, and major initiatives?
A. business model canvas
B. business value chain
C. technology implementation plan
D. critical success factor
Answer: A