The decrease in value from the original cost of a long-term asset over its useful life is known is depreciation.?
Indicate whether the statement is true or false
True
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Tranquility Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan has 20 separate parts. The direct materials cost is $75 and each ceiling fan requires 2.00 hours of machine time to manufacture. There is no direct labor. Additional information is as follows:
What is the total manufacturing cost per ceiling fan? (Round any intermediate calculations and your final answer to the nearest cent.)
A) $86.60
B) $88.20
C) $95.20
D) $98.60
Ethics hotlines can take a number of organizational forms. Which is not one?
a. In-house b. Outsourced c. Hybrid d. Customer service department based
In a unionized organization, layoff decisions are usually based on
A. union membership. B. department ranking. C. seniority. D. favoritism.
Which of the following plans has the longest planning horizon and the least level of detail?
A) master production schedule B) production plan C) strategic business plan D) All of the above have the same level of detail. E) none of the above