The person who is given a life estate is called the life tenant.
Answer the following statement true (T) or false (F)
True
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Bryans Corporation has provided the following data for its two most recent years of operation: Selling price per unit$53Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$13Direct labor$6Variable manufacturing overhead$5Fixed manufacturing overhead per year$63,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold$4Fixed selling and administrative expense per year$71,000 Year 1 Year 2Units in beginning inventory0 3,000Units produced9,000 7,000Units sold6,000 7,000Units in ending inventory3,000 3,0000 The net operating income (loss) under variable costing in Year 2 is closest to:
A. $47,000 B. $175,000 C. $203,000 D. $41,000
Marketers who tap into consumers' activities, interests, and opinions as a way to brand and sell products are using ________ as a way to influence consumer behavior.
Fill in the blank(s) with the appropriate word(s).
Manufacturing overhead is also referred to as ________
A) indirect manufacturing costs B) direct manufacturing costs C) prime costs D) period costs
Sarcosine Chemicals Corp. issues stock in one of its operating units and sets it up as a separate company called Prussic Corp., with its own board of directors and corporate officers. Sarcosine Chemicals Corp. then distributes the stock in Prussic Corp. to its existing stockholders. Which of the following forms of divestitures does this scenario exemplify?
A. A spin-off B. A tender offer C. A carve-out D. A stock swap