Cost item predicting cost behavior preparing financial statements
1. hamburger buns in a wendy’s restaurant.
2. advertising by a dental office.
3. apples processed and canned by del monte.
4. shipping canned apples from a del monte plant to customers.
5. insurance on a bausch & lomb factory producing contact lenses.
6. insurance on ibm’s corporate headquarters.
7. salary of a supervisor overseeing production of printers at hewlett-packard.
8. commissions paid to automobile salespersons.

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period

Amajor advantage of case studies is