In a living-document view, the U.S. Constitution is a document that:
A) is clear in allocating the rights and responsibilities of people and our government
B) can be interpreted only according to the bedrock principles of 1776.
C) can be interpreted only in accordance with current values.
D) must be interpreted to accommodate both stability and flexibility.
D
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______ capital includes resources such as timber, water, and minerals that are components of nature that can be linked with human welfare.
A. Natural B. Social C. Manufactured D. Human
Stated value stock is no-par stock that is assigned a "stated" value per share.
Answer the following statement true (T) or false (F)
Santora Company manufactures two products—toaster ovens and bread machines
The following data are available: Toaster Ovens Bread Machines Sales price $70 $170 Variable costs $50 $70 Santora can manufacture six toaster ovens per machine hour and four bread machines per machine hour. Santora's production capacity is 2,000 machine hours per month, and it can sell as many units of either type as it can produce. Which product and how many units should the company produce in a month to maximize profits? (Round machine hour per unit to two decimal places and your final answer to the nearest whole dollar.) A) 8,000 bread machines B) 6,000 toaster ovens and 4,000 bread machines C) 8,000 toaster ovens and 6,000 bread machines D) 12,000 toaster ovens
Wolanski Corporation has provided the following data for its most recent year of operations: Selling price per unit$48Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$11Direct labor$5Variable manufacturing overhead$5Fixed manufacturing overhead per year$110,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$4Fixed selling and administrative expense per year$71,000 Units in beginning inventory 0Units produced during the year 11,000Units sold during the year 8,000Units in ending inventory 3,000 Which of the following statements is true?
A. The amount of fixed manufacturing overhead deferred in inventories is $248,000 B. The amount of fixed manufacturing overhead released from inventories is $30,000 C. The amount of fixed manufacturing overhead deferred in inventories is $30,000 D. The amount of fixed manufacturing overhead released from inventories is $248,000