Normally, the value of an asset remains at its initial fair value or cost until the asset is sold, expires, or is consumed
Indicate whether the statement is true or false
True
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An application service provider (ASP) installs software on a client's computers.
Answer the following statement true (T) or false (F)
A ____________ is a product that is ready for purchase or delivery to the customer.
What will be an ideal response?
Which of the following is not true regarding the Occupational Safety and Health Act?
A) Employers are required to post notices in the workplace informing workers of their rights under the Act. B) Employees do not have a private cause of action under the Act. C) Even though the Act contains numerous specific safety standards, employers must also provide a work environment that is free from recognized hazards that could cause death or serious injury. D) Its purpose is to protect the safety of workers and the safety of those who purchase the employer's products or services. E) Employers are subject to having their workplaces inspected under the Act.
Pooler Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.15 direct labor-hours. The direct labor rate is $7.00 per direct labor-hour. The production budget calls for producing 6,500 units in April and 6,200 units in May. The company guarantees its direct labor workers a 40-hour paid work week. With the number of workers currently employed, that means that the company is committed to paying its direct labor work force for at least 1,000 hours in total each month even if there is not enough work to keep them busy. What would be the total combined direct labor cost for the two months?
A. $13,510.00 B. $14,000.00 C. $13,825.00 D. $13,335.00