Corporations have perpetual existence
a. True
b. False
Indicate whether the statement is true or false
True
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________ is the process by which each party states their opening offer and then makes moves from that initial offer toward a middle ground.
Fill in the blank(s) with the appropriate word(s).
Which of the following is most closely related to the reason a firm might implement MRP?
A. So it can order parts sufficient for immediate use B. To ensure appropriate quality levels C. So it can order the right parts D. So it can ensure that parts to arrive prior to when they are needed E. To keep process costs between the LCL and the UCL
Treaster, Inc., manufactures and sells two products: Product J8 and Product G2. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-HoursProduct J8900 9.0 8,100 Product G21,000 12.0 12,000 Total direct labor-hours 20,100 The direct labor rate is $26.90 per DLH. The direct materials cost per unit is $217.20 for Product J8 and $139.60 for Product G2.The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:Activity Cost PoolsActivity MeasuresEstimated Overhead CostExpected Activity???Product J8Product
G2TotalLabor-relatedDLHs$655,059 8,10012,00020,100Production ordersorders 40,086 500400900Order sizeMHs 711,588 3,9003,7007,600 $1,406,733 The unit product cost of Product G2 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) A. $1,202.79 per unit B. $1,217.73 per unit C. $1,302.28 per unit D. $808.83 per unit
In 1990, Mia, a resident of New Jersey, purchases realty for $600,000 listing title as "Mia and Ella, joint tenants with right of survivorship.". In 2016, Mia predeceases Ella when the realty is worth $3,000,000 . Ella's income tax basis in the property is:
a. $0. b. $300,000. c. $1,800,000. d. $3,000,000. e. $3,300,000.