On April 1, Year 1, Fossil Energy Company purchased an oil producing well at a cash cost of $11,590,000. It is estimated that the oil well contains 860,000 barrels of oil, of which only 760,000 can be profitably extracted. By December 31, Year 1, 38,000 barrels of oil were produced and sold. What is depletion expense for Year 1 on this well? (Do not round intermediate calculations.)
A. $193,166.667
B. $579,500
C. $772,666.667
D. $512,116.279
Answer: B
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Tessmer Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During January, the kennel budgeted for 3,100 tenant-days, but its actual level of activity was 3,090 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for January:Data used in budgeting: Fixed element per monthVariable element per tenant-dayRevenue - $33.60 Wages and salaries$3,500 $7.40Food and supplies 500 10.50Facility expenses 9,500 4.70Administrative expenses 6,600 0.30Total expenses$ 20,100 $ 22.90Actual results for January: Revenue$105,934Wages and salaries$27,186Food and supplies$32,485Facility expenses$24,873Administrative expenses$7,557The
net operating income in the flexible budget for January would be closest to: (Round your intermediate calculations to 2 decimal places.) A. $13,788 B. $12,963 C. $13,878 D. $13,070
Answer the following statements true (T) or false (F)
The two primary natural reward approaches are building natural rewards into our life’s activities and focusing on the natural rewards in our activities.
Describe effective volunteer management
What will be an ideal response?
Distance delivery presentation methods are appropriate
a. for covering highly sensitive or confidential issues. b. for persuasive or problem solving meetings where no relationship has been established among participants. c. whenever participants are unfamiliar with the technology. d. when the costs in time, money, and human energy justify them.