Case-Based Critical Thinking Questions Case 1 - Jack of All

question 57

Multiple Choice

Case-Based Critical Thinking Questions Case 1 - Jack of All Trades
Jack of All Trades rents small power equipment to commercial and residential customers. The strCustomer variable is used to determine whether a customer is commercial (C) or residential (R) . Commercial customers receive a 10% discount if they are members of the Rental Rewards Program. Residential customers receive a 5% discount if they are members.
The application needs to display a message box to remind the clerk to ask customers to join the Rental Rewards Program when they check out. This message box should only display if the customer is not currently in the program. Which of the following If clauses would evaluate to True and display the message box for the clerk?

• A) If strMember "Y" Then
• B) If strMember = "Y" Then
• C) If strMember = "N" Then
• D) a and c

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Definitions:

Overapplied Manufacturing Overhead

A situation where the allocated amount of manufacturing overhead costs exceeds the actual overhead costs incurred.

Unadjusted Cost of Goods Sold

The initial calculation of the cost of goods sold that has not been modified for returns, allowances, or discounts.

Overapplied Manufacturing Overhead

A scenario where the allocated manufacturing overhead costs exceed the actual overhead costs incurred, resulting in a credit balance.

Predetermined Overhead Rate

This is a rate used to allocate manufacturing overhead costs to individual units of production, based on a certain activity, such as labor hours or machine hours.