Except in the case of a tenancy at will, a lease is generally not terminated by the death, insanity, or bankruptcy of either party
Indicate whether the statement is true or false
True
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For a large population of cash disbursement transactions, Smith, CPA is testing controls by using attribute sampling techniques. Anticipating an expected deviation rate of 3 percent, Smith found from a table that the required sample size is 400 with a tolerable deviation rate of 5 percent and a desired confidence level of 95 percent. If Smith anticipated an expected deviation rate of only 2 percent but wanted to maintain the same tolerable deviation rate and confidence level, the sample size would be closest to
A. 200. B. 400. C. 533. D. 800.
Belsky Corporation has provided the following data from its activity-based costing system:Activity Cost PoolsEstimated Overhead CostExpected ActivityAssembly$313,490 29,000machine-hoursProcessing orders$49,476 1,400ordersInspection$73,882 1,060inspection-hoursThe company makes 490 units of product Q19S a year, requiring a total of 1,080 machine-hours, 60 orders, and 20 inspection-hours per year. The product's direct materials cost is $46.42 per unit and its direct labor cost is $20.22 per unit.According to the activity-based costing system, the unit product cost of product Q19S is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $66.64 per unit B. $94.79 per unit C. $93.31 per unit D. $97.64 per unit