Oc. Chief financial officer O d. Managerial accountant Time left 1:53:27 37 38 39 40 46 47 48 49 Question 7 Not yet answered Points out of 1.00 Flagon Wycliff Corporation manufactures several different styles of bicycles. Managers appropriately record direct materials and direct labor into work-in process accounts during production. To apply manufacturing overhead, managers consider cost pools for assembly and shipping to calculate a predetermined overhead rate for each department. Which of the following best describes the method used by Wycliff Corporation for allocating manufacturing overhead costs? Oa. Activity-based Ob. Departmental Oc Plantwide Od. Process Finish attempt. Question 8 Not yet The accounting department for Aramai Inc is preparing the cash flow statement for the current year. Using the select financal statement data below. what is Aramai's net income when converted to cash provided by operating activities using the indirect method?) Foints out of 1.00 Net income $453,000 Equipment deprecation 38.500 O d. Process Question 8 Not yet answered Points out of 1.00 The accounting department for Aramai Inc. is preparing the cash flow statement for the current year. Using the select financal statement data below, what is Aramai's net income when converted to cash provided by operating activities using the indirect method? 1 Net income $463.000 Flag vestice Equipment depreciation 38.500 Patent amortization 17,950 Loss on sale of equipment 4.000 Increase in accounts receivable 29.900 5380650 Cb $493550 5553,350 Od $545350 Courses Programs Help Question 9 Proctoring Session Stop Proctoring Session Show Support Chat Lsayior.org Under which of the following scenarios would a manufacturer benefit from decentralized operations? Not yet answered Points out of 1.00 Flag question Oa. The company sells their products to twenty local retailers Ob. The company plans to decrease their number of product lines Oc.The company has recently acquired a manufacturing firm in Canada Od. The company is merging two departments to reduce payroll expenses Time left 1:53:12 Question 10 Not yet answered Swinney Services reported $102.300 in net sales revenue for year 2, and 90% of those sales were credit sales. This is the balance sheet for Swinney Services. What is the accounts receivable tumover ratio for year 27 Points out of 1.00 Year 2 Year 1 Flag question Current assets Cash 14.490 11.250 Accounts receivable (net) 9.600 9,000 Question 10 Not yet answered Time left 1:53:02 Swinney Services reported $102.300 in net sales revenue for year 2, and 90% of those sales were credit sales. This is the balance sheet for Swinney Services. What is the accounts receivable turnover ratio for year 2? Points out of 1.00 Year 2 Year 1 Flag question Current assets Cash 14,490 11.250 Accounts receivable (net) 9,600 9.000 Inventory 2.125 1.400 Total Current Assets 26215 21.650 Property. Plant. & Equipment Equipment (net) 19.350 13.900 Total Assets $45,565 $35.550 Current Liabilities Accounts payable 6500 6250 1255 Current Liabilities Accounts payable 6.500 6250 Wages payable 755 755 Total Current Liabilities 7,255 7.005 Note payable 12,100 11.600 Total Liabilities $19.355 $18.605 Shareholders Equity Common Stock 5.575 4990 Retained Earnings 20.655 11.955 Total Liabilities & Shareholders Equity 545.565 $35.550 DA 45 06 99 107 110 Time left 1:52:54