The client is a corporation which uses high-tech equipment to manufacture its product. Because of the high level of wear and tear due to long production runs and frequent technology changes, the client usually replaces the equipment every two years. According to IRS guidance, the MACRS life of the equipment is five years. In order to accelerate depreciation deductions, which tax depreciation option should the client elect?
A. units-of-production method
B. alternative depreciation system (ADS)
C. MACRS with a straight-line election
D. regular MACRS treatment
Answer: A
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Dotterel Corporation uses the variable cost concept of product pricing. Below is cost information for the production and sale of 35,000 units of its sole product. Dotterel desires a profit equal to a 11.2% rate of return on invested assets of $350,000. Fixed factory overhead cost $105,000 Fixed selling and administrative costs 35,000 Variable direct materials cost per unit 4.34 Variable direct
labor cost per unit 5.18 Variable factory overhead cost per unit .98 Variable selling and administrative cost per unit .70 The unit selling price for the company's product is: A) $16.32 B) $13.44 C) $12.10 D) $13.72
What pitfalls listed below are not necessarily from a lack of self-awareness?
a. Believing that your perspective is held by everyone b. Misconstruing cues and concerns as feedback rather than resistance c. Lacking nuanced understanding of why others may disagree or have concerns d. Running out of resources to adequately invest in the change project
If employees no longer want to be represented by a union, a(n) ________ election is held
A) employer-contested B) consent C) decertification D) management-contested
A company should not couch its mission statement in terms of making a profit because a profit is more correctly an
A. objective and a result of what a company does. B. obligation and a reason for what a company does. C. outflow and a right of what a company does. D. obligation and a responsibility for what a company does. E. outlay and a rationale for what a company does.