Explain how depreciation generates actual cash flows for the firm
What will be an ideal response?
Because depreciation is a non cash expense, it generates cash flows for the firm by reducing the amount of taxable income without actually incurring a cash expense.
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Which of the following is not included in conversion costs?
A) Indirect labor B) Direct labor C) Direct materials D) Overhead
Jessep Corporation has a standard cost system in which manufacturing overhead is applied on the basis of standard direct labor-hours. The company has provided the following data concerning its fixed manufacturing overhead costs in March: Actual machine-hours 14,000hoursStandard machine-hours allowed for the actual output 12,000hoursDenominator activity 15,000hoursActual fixed manufacturing overhead costs$48,000 Budgeted fixed manufacturing overhead costs$45,000 The fixed manufacturing overhead volume variance is:
A. $3,000 F B. $6,000 U C. $3,000 U D. $9,000 U
An ad group contains the phrase-matched keyword "underwater camera." Which search query may trigger an ad in this ad group to display?
a. camera for use underwater b. underwater camera case c. affordable underwater digital camera d. water-proof camera
The risk factor of each risk, determined during Perform Qualitative Risk Analysis, is derived by ______ the probability and the consequence (impact).
a. Adding b. Subtracting c. Multiplying d. Dividing