Two alternatives, code-named X and Y, are under consideration at Guyer Corporation. Costs associated with the alternatives are listed below. Alternative X Alternative YMaterials costs$41,000 $59,000Processing costs$45,000 $45,000Equipment rental$17,000 $17,000Occupancy costs$16,000 $24,000Are the materials costs and processing costs relevant in the choice between alternatives X and Y?
A. Only processing costs are relevant
B. Neither materials costs nor processing costs are relevant
C. Both materials costs and processing costs are relevant
D. Only materials costs are relevant
Answer: D
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On October 1, 2019, Island Jewelry Company accepted a 4-month, 10% note for $2,400 in settlement of an overdue account receivable. Interest revenue was accrued through December 31, 2019. Island receives the maturity value of the note at maturity. Prepare the journal entry to record the collection. Omit explanation.
What will be an ideal response?
In ____________________ analysis, each financial statement line item is expressed as a percent of the largest amount on the statement, which is net sales or total assets for the income statement or balance sheet, respectively
Fill in the blank(s) with correct word
A service blueprint is a flowchart of a service process that shows which of its steps has high customer contact
Indicate whether the statement is true or false
In Barabin v. AstenJohnson, where Barabin sued for damage suffered from exposure to asbestos, the appeals court held that:
a. the expert for AstenJohnson failed to meet the standard of reliability, so there would be a new trial b. the expert for Barabin failed to meet the standard of reliability, so the amount awarded would be reduced to a more reasonable level c. the expert witness for Barabin failed to meet the standard for reliability, so that testimony would be stricken from the record, but the judgment would stand d. the expert witness for AstenJohnson could not be a company employee, it had to be an independent expert e. none of the other choices are correct