The amount of a depreciable asset's annual depreciation expense can typically be obtained by referring to the balance sheet

Indicate whether the statement is true or false


False

Business

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Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours. The company has provided the following data concerning Job T498 which was recently completed:Number of units in the job40Total direct labor-hours80Direct materials$950Direct labor cost$2,720The total job cost for Job T498 is closest to: (Round your intermediate calculations to 2 decimal places.)

A. $3,670 B. $1,710 C. $3,480 D. $4,430

Business

Answer the following statements true (T) or false (F)

1. Video conferencing is a richer medium than e-mail because it has greater information-carrying capacity than e-mail. 2. According to UGT, people use media to fulfill certain needs. 3. Ambiguous messages should be sent with more lean mediums. 4. The newest technology should always be used if possible, according to Media Richness Theory. 5. Reciprocal interdependence refers to the notion that if a sufficient number of people adopt the innovation, the innovation becomes self-sufficient, ensuring future growth.

Business

Lopez Company uses the FIFO process costing method to determine the product unit cost. The company began the period with 1,800 units in beginning inventory. During the period, 32,000 units were started and completed. There were 4,000 units in ending inventory at the end of the period. If all direct materials are added at the beginning of the process, the number of equivalent units for direct

materials for the period is a. 29,800. b. 28,000. c. 32,000. d. 36,000.

Business

According to Marcus Buckingham and Curt Coffman research into the Gallup Organization’s employee engagement database, what do employees want most from the workplace?

a. to work for a great manager b. to have great coworkers c. to work for an ethical company d. to find meaning in their work

Business