Steel Buildings, Inc., agrees to sell four portable garages to Truck Service Center. Five days later, Truck Service refuses delivery and cancels the contract. Steel is entitled to
A. force Truck Service to accept the garages.
B. recover any damages from Truck Service but not resell the garages.
C. resell the garages and recover any damages from Truck Service.
D. resell the garages but not recover any damages from Truck Service.
Answer: C
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________ is a type of research design involving a fixed sample of population elements that is measured repeatedly
The sample remains the same over time thus providing a series of pictures which, when viewed together, portray a vivid illustration of the situation and the changes that are taking place over time. A) Exploratory research design B) Causal research design C) Cross-sectional research design D) Longitudinal research design
Lawrence, an employee of Triple Time, Inc., has gross salary for March of $4,000. The entire amount is under the OASDI limit of $118,500 and thus subject to FICA. He is also subject to federal income tax at a rate of 18%. Provide the journal entry to record salaries expense and payroll withholdings. (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.) Salaries will be paid at a later date. Omit explanation.
What will be an ideal response?
Adaptive new entry involves offering a radical new product or highly innovative service.
Answer the following statement true (T) or false (F)
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$90 Units in beginning inventory 0Units produced 3,400Units sold 3,000Units in ending inventory 400 Variable costs per unit: Direct materials$21Direct labor$38Variable manufacturing overhead$6Variable selling and administrative expense$4Fixed costs: Fixed manufacturing overhead$54,400Fixed selling and administrative expense$3,000 What is the total period cost for the month under variable costing?
A. $69,400 B. $57,400 C. $15,000 D. $54,400