Typical person sources tend not to have a high level of credibility
Indicate whether the statement is true or false
FALSE
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The Weber Company purchased a mining site for $1,750,000 on July 1 . The company expects to mine ore for thenext 10 years and anticipates that a total of 400,000 tons will be recovered. The estimated residual value of theproperty is $150,000 . During the first year, the company extracted 6,500 tons of ore. The depletion expense is
a. $15,000 b. $16,000 c. $17,500 d. $26,000
The ________ is the channel from raw materials to components to final products that are carried to final buyers
A) communication channel B) distribution channel C) supply chain D) service chain E) marketing chain
Which of the following is a difference between inflation and deflation?
A. The Federal Reserve buys government securities when inflation is a concern, whereas the Federal Reserve sells government securities when deflation is a concern. B. Inflation increases the unemployment rate, whereas deflation decreases the unemployment rate. C. A high level of inflation is bad for the economy, whereas a high level of deflation signifies a healthy economy. D. Inflation is a period of rising average prices across an economy, whereas deflation is a period of falling average prices across the economy.
Vargis Corporation has a machining capacity of 200,000 hours per year. Utilization of capacity is normally 75%; it has been as low as 40% and as high as 90%. An analysis of the accounting records revealed the following selected costs:?At a 40% Utilization RateAt a 90% Utilization RateCost A:?? Total$440,000$440,000 Per hour$5.50?Cost B:?? Total?$1,944,000 Per hour$10.80$10.80Cost C:?? Total$680,000$1,330,000 Per hour$8.50$7.39Vargis uses the high-low method to analyze cost behavior.Required: A. Classify each of the costs as being either variable, fixed, or semivariable.B. Calculate amounts for the two unknowns in the preceding table.C. Calculate the total amount that Vargis would expect at a 75% utilization rate for Cost A, Cost B, and Cost
C.D. Develop an equation that Vargis can use to predict total cost for any level of hours within its range of operation. What will be an ideal response?