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NEW QUESTION 24
A company incurred the following selected costs In its manufacturing operations during the month.

• A. $23,000
• B. $22,000
• C. $21,000
• D. $20,000

Answer: B

NEW QUESTION 25
Which one of me following statements is correct concerning the Sarbanes-Oxley Act of 2002?

• A. Corporate executives must personally certify the financial statements and company disclosures under the possibility of imprisonment
• B. The company's audit firm must be rotated every five years and the lead auditor must be rotated every year
• C. A company's Chief Accounting Officer cannot have been employed by the company's audit firm for the five years preceding the audit
• D. The five-member Public Company Accounting Oversight Board will be overseen by the AICPA and the FASB working together

Answer: A

NEW QUESTION 26
A company expects sales of 225 000 units in April, 210 000 in May and 190 000 in June. The company maintains an ending Inventory each month of 25% of the next month's sales.
How many units should the company plan to produce in May?

• A. 215.000 units
• B. 205,000 units.
• C. 221,250 units
• D. 210,000 units

Answer: B

NEW QUESTION 27
The following information pertains to Wang Corporation which uses standard costing for its materials.
The following information pertains to Wang Corporation which uses standard costing for its materials.

What is me amount of the unfavorable material-related variance that would appear on a report to the production foreman?

• A. $4,000
• B. $6,000
• C. $5,600
• D. $5,000

Answer: B

NEW QUESTION 28
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