Which one of the following is an example of the expected benefit approach for valuing long-lived assets?
a. Current cost.
b. Historical cost.
c. Discounted present value.
d. Current replacement value.
C
You might also like to view...
Answer the following statements true (T) or false (F)
1. Attitudinal structuring refers only to the intentional, planned actions by parties to manage their relationship. 2. Attitudinal structuring produces a social contract between the parties while integrative and distributive bargaining produce a written contract. 3. A social contract is an unwritten contract between parties that describes their mutual expectations for the attitudes and behaviors of each other. 4. The need for intraorganizational bargaining results from the presence of diverse interests within the constituency of a negotiator. 5. Intraorganizational bargaining is generally not seen in unions because the members and union officials are very good at hiding their different agendas.
Before any creative work can begin on an advertising campaign, it is important to:
A. determine what goals or objectives the advertising should achieve B. set the marketing budget C. decide what executional style to use in the ads D. see if sales promotion is more important E. hire a spokesperson
Galeazzi Corporation makes a product with the following standard costs:??Standard Quantity or HoursStandard Price or Rate?Direct materials 3.1 pounds $6.00 per pound?Direct labor0.8 hours$18.00 per hour?Variable overhead0.8 hours $6.00 per hourIn October the company produced 3,000 units using8,380 pounds of the direct material and 2,610 direct labor-hours. During the month, the company purchased 9,500 pounds of the direct material at a total cost of $55,100. The actual direct labor cost for the month was $48,546 and the actual variable overhead cost was $16,965. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.Required:a. Compute the materials quantity
variance.b. Compute the materials price variance.c. Compute the labor efficiency variance.d. Compute the labor rate variance.e. Compute the variable overhead efficiency variance.f. Compute the variable overhead rate variance. What will be an ideal response?
A furniture store has set aside 800 square feet to display its sofas and chairs. Each sofa utilizes 50 sq. ft. and each chair utilizes 30 sq. ft. At least five sofas and at least five chairs are to be displayed
a. Write a mathematical model representing the store's constraints. b. Suppose the profit on sofas is $200 and on chairs is $100 . On a given day, the probability that a displayed sofa will be sold is .03 and that a displayed chair will be sold is .05 . Mathematically model each of the following objectives:1 . Maximize the total pieces of furniture displayed.2 . Maximize the total expected number of daily sales.3 . Maximize the total expected daily profit.