Par value for stock refers to the current market value
Indicate whether the statement is true or false.
F
You might also like to view...
Benjamin Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per Month Variable Element per Container RefurbishedRevenue $5,400Employee salaries and wages$58,300 $1,000Refurbishing materials $700Other expenses$31,200 ?When the company prepared its planning budget at the beginning of March, it assumed that 26 containers would have been refurbished. However, 23 containers were actually refurbished during March.?The amount shown for net operating income in the planning budget for March would have been closest to:
A. ($700) B. $6,700 C. ($4,400) D. ($791)
Which of the following is one of the challenges to creating a customer database?
A) reluctant to share personal information B) lack of availability of appropriate software to store customer data C) expansion in the number of possible "touchpoints" D) stringent laws against creating customer database
Manufacturers of systems such as razors and ink jet printers use a system of pricing called "two-part pricing": one price for the disposable products and another for the "hardware."
Indicate whether the statement is true or false
All of the following are inventory costing methods except
a. first-in, first-out. b. average-cost. c. periodic. d. specific identification.