American Corporation purchased a building for $900,000 at the end of year 2002. The building will be depreciated over 40 years and is estimated to have a $100,000 salvage value. At the end of 2012, when it had a book value of $700,000, it was appraised for $1,100,000. A potential buyer offered $900,000. American rejected the offer. At what amount should the net book value of the building be at
the end of 2012.
A) $1,100,000
B) $ 900,000
C) $ 600,000
D) $ 700,000
D
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________ is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large
A) Demand satisfaction B) Competitive advantage building C) Marketing D) Total Quality Management E) Value chain management
Cost behavior is considered in developing the selling and administrative expense budget as costs are designated as variable or fixed
Indicate whether the statement is true or false
Clutts Corporation is conducting a time-driven activity-based costing study in its Customer Support Department. The company has provided the following data to aid in that study:Clutts CorporationCustomer Support DepartmentData InputsResource Data: Number of employees 13Average salary per employee$36,720Practical capacity per employee (in minutes) 102,000?Activity Data:Receiving CallsResolving IssuesMinutes per unit of the activity1622?On the Customer Cost Analysis report in time-driven activity-based costing, the time-driven activity rate for Resolving Issues would be closest to:
A. $22.00 per issue resolved B. $0.36 per issue resolved C. $1.64 per issue resolved D. $7.92 per issue resolved
Every Wi-Fi adapter, the hardware used by computers to connect to Wi-Fi networks, has a unique ____ address that is usually printed on the adapter.
A. CAC B. FAC C. MAC D. NAC