Which of the following approaches to new product development starts with estimated price that the customers in the target segment are willing to pay?
A) the classic linear approach
B) the rugby approach
C) the cost-differential approach
D) the target-costing approach
D
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Richards, Inc exchanged a piece of equipment with an original cost of $82,000, accumulated depreciation to date of $40,000, and a fair value of $46,000 for a similar piece of equipment. Cash flows are not expected to change significantly. The newly acquired equipment had a book value of $40,000 and a fair market value of $41,000. At what value should Richard record the newly-acquired equipment?
A) $40,000 B) 41,000 C) $42,000 D) $46,000
Korsak Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per MonthVariable Element per Customer ServedRevenue $5,500Employee salaries and wages$43,700 $1,100Travel expenses $500Other expenses$43,200 ?The planning budget for October was based on serving 23 customers, but a total of 19 customers were actually served during October.?The activity variance for "Other expenses" for October would have been closest to:
A. $800 F B. $8,126.32 U C. $800 U D. $0
Autocratic leadership is a thing of the past and has no current successful example
Indicate whether the statement is true or false.