Given the Following Account Balances at the End of the First

question 64

Multiple Choice

Given the following account balances at the end of the first year of operations: $$\begin{array} { l r } \text { Direct materials inventory } & \$ 60,000 \\\text { Work in process inventory } & 120,000 \\\text { Finished goods inventory } & 180,000 \\\text { Cost of goods sold } & 600,000 \\\text { Direct material price variance } & 65,000 \mathrm { U } \\\text { Direct material efficiency } & 195,000 \mathrm {~F}\end{array}$$ Assuming that variances are considered material, the entry and amount of the direct material efficiency variance allocated to work in process inventory is:

• A) Credit $26,000
• B) Credit $24,375
• C) Debit $17,333
• D) Debit $8,125

Identify effective recruitment and retention strategies.

Understand the principles behind the "Peter Principle" and career plateauing.

Recognize the importance and impact of mentoring and coaching in an organization.

Acknowledge the effects of recruitment strategies on applicant decisions.

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Definitions:

Verbal

Pertains to the use of words in communication, often involving spoken language.

Transactional

Occurring simultaneously.

Transactional Messages

Communications focused on facilitating, completing, or confirming a commercial transaction.

Encoded

The process of converting information into a particular form or code, often for the purpose of secrecy, efficiency, or data transmission.