Which of the following assets would be amortized?

A. Trademarks
B. Franchise
C. Goodwill
D. Land improvements


Answer: B

Business

You might also like to view...

A proposed structural model involves four constructs, two of which are exogenous. X1 and

X2 together cause Y1, which in turn causes Y2. This model is recursive. Indicate whether the statement is true or false

Business

________ refers to gathering primary data by selecting matched groups of subjects, giving them different treatments, controlling related factors, and checking for differences in group responses

A) Experimental research B) Constructive research C) Observational research D) Survey research E) Descriptive research

Business

Solving a linear programming problem with the iso-profit line solution method requires that we move the iso-profit line to each corner of the feasible region until the optimum is identified

Indicate whether the statement is true or false

Business

Miguez Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Cost Per UnitDirect materials 2.3liters$7.00per liter$16.10 Direct labor 0.7hours$22.00per hour$15.40 Variable overhead 0.7hours$2.00per hour$1.40 ?The company budgeted for production of 2,600 units in September, but actual production was 2,500 units. The company used 5,440 liters of direct material and 1,680 direct labor-hours to produce this output. The company purchased 5,800 liters of the direct material at $7.20 per liter. The actual direct labor rate was $24.10 per hour and the actual variable overhead rate was $1.90 per hour.?The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is

computed when the materials are purchased.?The materials quantity variance for September is: A. $2,232 F B. $2,170 F C. $2,170 U D. $2,232 U

Business