Ed Barney owns a chain of small gift shops. Before buying merchandise to carry in his store, Barney can visit a ________ where he can examine a manufacturer's products before he stocks his stores
A) sales office
B) manufacturer's showroom
C) commission merchandise mart
D) merchandise brokerage
E) manufacturer's office
B
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On December 31, Strike Company has decided to discard one of its batting cages. The initial cost of the equipment was $215,000 with an accumulated depreciation of $185,000. Depreciation has been taken up to the end of the year. The following will be included in the entry to record the disposal
A) Accumulated Depreciation Dr. $215,000 B) Loss on Disposal of Asset $185,000 C) Equipment Cr. $215,000 D) Gain on Disposal of Asset $30,000
[The following information applies to the questions displayed below.]Assume that a pet food manufacturer is considering adding two types of pet food to its existing product line. Research had determined that good demand exists for dog food in 40-pound bags and cat food in 0.5 pound cans.The company identified the following partial list of activities, costs, and activity drivers expected for the next year: ActivityExpected CostsCost DriverMaterial handling$105,000 Number of batches madeStorage costs$820,000 Weight of finished product Dog FoodCat FoodProduction volume 100,000units 200,000unitsBatches made 200batches 150batchesHow much overhead cost will be assigned to each unit of product using activity-based costing (ABC)?
A. Dog food: $2.64; cat food: $2.64. B. Dog food: $0.12; cat food: $3.85. C. Dog food: $0.26; cat food: $8.60. D. Dog food: $4.62; cat food: $4.62. E. Dog food: $8.60; cat food: $0.33.
A living trust cannot be irrevocable.
Answer the following statement true (T) or false (F)
Conflict is inevitable on a project; however, if it is handled effectively, it can elevate performance.
Answer the following statement true (T) or false (F)