The two items that must be estimated with respect to a plant asset in order to properly allocate cost to the affected accounting periods are ______________________________ and ______________________________
Fill in the blank(s) with correct word
Salvage value, Useful life
Useful life, salvage value
Residual value, Useful life
Useful life, residual value
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Which requirements must be satisfied for an exempt organization to be classified as an unrelated trade or business? Is being classified as an unrelated trade or business good or bad?
What will be an ideal response?
A manufacturer seeking maximum retailer cooperation should utilize which form of distribution?
a. exclusive distribution b. intensive distribution c. selective distribution d. dual distribution
Cedar Designs Company, a custom cabinet manufacturing company, is setting standard costs for one of its products
The main material is cedar wood, sold by the square foot. The current cost of cedar wood is $4.00 per square foot from the supplier. Delivery costs are $0.20 per square foot. Carpenters' wages are $20.00 per hour. Payroll costs are $3.00 per hour, and benefits are $6.00 per hour. How much is the direct labor standard cost per hour? A) $20.00 B) $9.00 C) $23.00 D) $29.00
Which of the following is not a fundamental right conferred on employees by the National Labor Relations Act ("Sec. 7 rights")?
a. the right to self-organization b. the right to fair pay and benefits c. the right to strike d. the right to assist labor unions