One of the four dimensions that intractable conflicts vary along is ________-the level of participant involvement, emotionality, and commitment in a conflict.
Fill in the blank(s) with the appropriate word(s).
intensity
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Answer the following statements true (T) or false (F)
1) When using the FIFO inventory costing method, ending merchandise inventory will be the highest, as compared to LIFO and weighted-average inventory costing methods, when costs are decreasing. 2) When using the LIFO inventory costing method, ending merchandise inventory will be the lowest, as compared to FIFO and weighted-average inventory costing methods, when costs are increasing. 3) When using the specific identification inventory costing method, ending inventory costs depend on which costs are assigned to the inventory sold. 4) Companies can choose between reporting ending Merchandise Inventory using specific identification, FIFO, LIFO, weighted-average, or lower-of-cost-or-market. 5) The lower-of-cost-or-market rule demonstrates accounting conservatism in action.
In a process costing system, products flow in a LIFO manner, from department to department
Indicate whether the statement is true or false
A project is accepted under the net present value method when
A) the net present value is zero or negative. B) the total amount of cash inflows exceeds the purchase price of the asset. C) the purchase price of the asset is less than the present value of net cash inflows. D) the present value of net cash inflows exceeds a predetermined minimum amount.
Dallavalle Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Variable costs per unit: Direct materials$93Fixed costs per year: Direct labor$320,000Fixed manufacturing overhead$2,144,000Fixed selling and administrative expenses$1,364,000 The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 32,000 units and sold 31,000 units. The company's only product is sold for $238 per unit.The unit product cost under super-variable costing is:
A. $103 per unit B. $93 per unit C. $214 per unit D. $170 per unit