A lease under which a lessee sells an asset for cash to a prospective lessor and then leases back the same asset is called a(n) ________.
A) operating lease
B) leveraged lease
C) sale-leaseback arrangement
D) direct lease
B) leveraged lease
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What is selective exposure and how can it be advantageous at times?
What will be an ideal response?
Wanger, Inc., manufactures and sells two products: Product G1 and Product F2. 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 G1800 9.0 7,200 Product F2800 11.0 8,800 Total direct labor-hours 16,000 The direct labor rate is $15.30 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per UnitProduct G1$100.50 Product F2$292.00 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 G1Product F2TotalLabor-relatedDLHs$732,480 7,2008,80016,000Machine setupssetups 53,809 400300700Order sizeMHs 600,525 3,8003,7007,500 $1,386,814 The overhead applied to each unit of Product G1 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) A. $866.76 per unit B. $780.12 per unit C. $380.33 per unit D. $830.79 per unit
It is possible to observe the learning process directly
Indicate whether the statement is true or false a. True b. False
In operational auditing, the preliminary survey serves as a guide for the development of the audit program.
Answer the following statement true (T) or false (F)