Summary judgment is appropriate when there are no essential facts in dispute.
Answer the following statement true (T) or false (F)
True
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Taylor manufactures 12,000 units of a part used in its production to manufacture guitars. The annual production activities related to this part are as follows: Direct materials, $24,000 Direct labor, $60,000 Variable overhead, $54,000 Fixed overhead, $84,000 Best Guitars, Inc, has offered to sell 12,000 units of the same part to Taylor for $22 per unit. If Taylor were to accept the offer, some of
the facilities presently used to manufacture the part could be rented to a third party at an annual rental of $18,000 . Moreover, $4 per unit of the fixed overhead applied to the part would be totally eliminated. In the decision to make or buy the part, what is the relevant fixed overhead? a. $30,000 b. $54,000 c. $84,000 d. $48,000
Conversion costs include materials, direct labor, and factory overhead
Indicate whether the statement is true or false
The ________ Amendment to the U.S. Constitution protects criminal defendants from cruel and unusual punishment.
A. Fifth B. Eighth C. Fourth D. Sixth
A firm can raise its value without earning at least the WACC
Indicate whether the statement is true or false