Engineering Economics What is used to record historical financial transactions? Ledger system Balance check Bookkeeping system General journal system Ledger system Balance check Bookkeeping system General journal system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an accounting term that represents an inventory account adjustment? Standard cost Cost accounting Overhead cost Cost of goods sold Standard cost Cost accounting Overhead cost Cost of goods sold ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2712 2890 2632 2.59 2712 2890 2632 2.59 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes? 0.19 0.18 0.2 0.21 0.19 0.18 0.2 0.21 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “acid-test ratio”? Price-earnings ratio Profit margin ratio Current ratio Quick ratio Price-earnings ratio Profit margin ratio Current ratio Quick ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.2 hours per unit 1.6 hours per unit 1.4 hours per unit 1.0 hour per unit 1.2 hours per unit 1.6 hours per unit 1.4 hours per unit 1.0 hour per unit ANSWER DOWNLOAD EXAMIANS APP
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