The depreciation method that does notuse residual value in calculating the first year's depreciation expense is
a. straight-line
b. units-of-output
c. double-declining-balance
d. none of the above
c
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Indirect materials are accounted for as factory overhead because they are not clearly identified with specific product units.
Answer the following statement true (T) or false (F)
A product is currently made in a process-focused shop, where fixed costs are $8,000 per year and variable cost is $40 per unit. The firm currently sells 200 units of the product at $200 per unit
A manager is considering a repetitive focus to lower costs (and lower prices, thus raising demand). The costs of this proposed shop are fixed costs = $24,000 per year and variable costs = $10 per unit. If a price of $80 will allow 400 units to be sold, what profit (or loss) can this proposed new process expect? Do you anticipate that the manager will want to change the process? Explain.
Managers build trust by treating all personal situations of employees the same.
Answer the following statement true (T) or false (F)
How can someone plan for a major illness?
What will be an ideal response?