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1. Dorra Corporation manufactures lawnmowers in five work stations. Dorra's weekly demand is 5,000 mowers but Dorra can only produce 4,200. According to the theory of constraints, to increase production output Dorra would benefit the most by concentrating improvement efforts on the: 

A. first work station.

B. last work station.

C. largest work station.

D. slowest work station.

2. Managerial accounting is applicable to

A. service entities.

B. manufacturing entities.

C. not-for-profit entities.

D. all of these.

3.  The Sarbanes-Oxley Act of 2002 contains all of the following provisions EXCEPT: 

A. A CFO must be a CPA or CMA.

B. The audit committee of the board of directors of a company must hire, compensate, and terminate the public accounting firm that audits the company's financial reports.

C. Severe penalties are established for altering or destroying documents that may eventually be used in an official proceeding.

D. Both the CEO and CFO must certify in writing that their company's financial statements and accompanying disclosures fairly represent the results of operations.

4. Green Company's costs for the month of August were as follows: direct materials, $27,000; direct labor, $34,000; selling, $14,000; administrative, $12,000; and manufacturing overhead, $44,000. The beginning work in process inventory was $16,000 and the ending work in process inventory was $9,000. What was the cost of goods manufactured for the month? 

A. $105,000

B. $132,000

C. $138,000

D. $112,000

5. During August, the cost of goods manufactured was $73,000. The beginning finished goods inventory was $15,000 and the ending finished goods inventory was $21,000. What was the cost of goods sold for the month? 

A. $79,000

B. $109,000

C. $67,000

D. $73,000

6. Walton Manufacturing Company gathered the following data for the month.

How much net operating income will be reported for the period? 

A. $54,000

B. $17,000

C. $52,000

D. Cannot be determined....