A product may be processed beyond the split-off point if management believes that
a. its marketability will be enhanced.
b. the incremental cost of further processing will be less than the incremental revenue of further processing.
c. the joint cost assigned to it is not already greater than its prospective selling price.
d. both a and b.
D
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A company purchased 500 units for $40 each on January 31. It purchased 200 units for $35 each on February 28. It sold a total of 200 units for $50 each from March 1 through December 31. If the company uses the weighted-average inventory costing method, calculate the cost of ending inventory on December 31. (Assume that the company uses a perpetual inventory system. Round any intermediate calculations two decimal places, and your final answer to the nearest dollar.)
A) $27,000 B) $19,285 C) $7,715 D) $18,750
What led to the creation of the Chancery Courts?
A) the insistence for a court system that emphasized legal procedure rather than the merits of a case B) the law courts' inability to hear all the cases presented to them C) the increase in overseas trade and proliferation of piracy D) the unfair results and limited remedies provided by the law courts
Which of the following is NOT a factor that may lead to the amount of damages that an employee may be awarded for wrongful dismissal being increased?
A) That the employee had been induced by the employer to come from another province or country to take up the employment B) That the employee has been a long standing employee of another company but had been induced by the employer to leave the previous employment C) That the employee, to the employer's knowledge had a significant amount of debts to pay. D) That at the time of the dismissal, the employee had a medical condition which made it difficult for him to find alternate employment. E) That the circumstances in which the employee was terminated were unduly harsh and embarrassing
A minor cannot be a witness to a will
Indicate whether the statement is true or false