The Moving Activity of Alpha Inc

question 34

Multiple Choice

The moving activity of Alpha Inc.has an expected cost of $200,000.Expected direct labor hours are 50,000, and the expected number of moves is 90,000.What is the best activity rate for moving? (Note: Round answer to two decimal places.)

• A) $4.50 per move
• B) $1.33 per move
• C) $4.30 per move
• D) $2.22 per move

Comprehend the process and purpose of journalizing and posting transactions to ledger accounts.

Identify and apply the correct posting references in journal and ledger entries.

Recognize the relationship between journal entries and ledger accounts through posting references.

Understand the chart of accounts and its role in organizing financial information.

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Definitions:

Net Income

The total earnings of a company after all expenses and taxes have been subtracted from total revenue.

Ending Inventory

The closing stock value, determined at the end of a financial period, is the sum of the initial inventory and acquisitions, less the cost of goods sold.

Internal Control

Systems and processes designed by a company to ensure integrity and accuracy of financial and accounting information, promote accountability, and prevent fraud.

Inventory Storeroom

A storage area or space used for keeping goods or materials until they are sold or used in production.