Which of the following is an expense that results from the usage of a natural resource?

A) depletion
B) amortization
C) depreciation
D) obsolescence


A

Business

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Mahon Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: CastingCustomizingMachine-hours 17,800? 14,800?Direct labor-hours 6400? 7400?Total fixed manufacturing overhead cost$106,800?$56,240?Variable manufacturing overhead per machine-hour$1.70?  Variable manufacturing overhead per direct labor-hour  $3.40?During the current month the company started and finished Job T138. The

following data were recorded for this job:Job T138:Casting CustomizingMachine-hours90? 40?Direct labor-hours15? 90?The amount of overhead applied in the Customizing Department to Job T138 is closest to: (Round your intermediate calculations to 2 decimal places.) A. $288.00 B. $81,400.00 C. $990.00 D. $576.00

Business

Within the comprehensive self-framework, all of the parts of self-leadership have direct relationships with the “Mind and Body”, except for what?

a. World-altering strategies b. Redesigning your mental world c. Team self-leadership d. Natural reward strategies

Business

Natural capitalism includes all of the following strategies, except:

A. Changing manufacturing practices to reduce energy consumption by 30%. B. Creating a new material based on the strength-to-weight ratio of a spider web. C. Reorganizing a supply chain based on the principles of ecology. D. Preserving an acre of pristine wetlands for every acre a business occupies. E. All of the above are examples of strategy inspired by natural capitalism.

Business

Percy buys stock in Kinollo Corporation that pays dividends of $5 per share before dividends are paid on other stock of Kinollo. If the dividends are not paid in any given year, the dividends for that year must be paid when the company next declares dividends, until fully paid. Percy's dividends per year will not exceed $5 per share. Percy's stock is:

A) cumulative common stock. B) noncumulative preferred stock. C) cumulative preferred stock. D) participating preferred stock.

Business