For external reporting purposes, product costs must be classified into only three categories
Indicate whether the statement is true or false
True
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BoTeck is a full-service technology company. It provides equipment, installation services, and training services. Customers can purchase any product or service separately or as a bundled package. On May 3, Box-Rite Corporation purchased computer equipment, installation, and training for a total cost of $120,000. Estimated stand-alone fair values of the equipment, installation, and training are
$75,000, $50,000, and $25,000 respectively. The transaction price allocated to equipment, installation and training is A) $75,000, $50,000, and $25,000 respectively. B) $60,000, $40,000 and $20,000 respectively. C) $40,000, $40,000, and $40,000 respectively. D) $120,000 for the entire bundle.
What is a reasonable conclusion that can be drawn from this formulation of the model?
Mondo ran the problem in Excel but used "? 1" constraints everywhere instead of "= 1" constraints. The objective function is formulated correctly and the general structure of the constraints is also correct, except for the inequality. A) None of the outfits will be worn. B) There would be no difference in the model results from one with = constraints. C) A model may be assigned two different outfits. D) An outfit may be assigned to two different models.
Once an activity is begun, it is assumed to be half done under the:
A) "Once begun, half done" rule. B) Minimal effort rule. C) Midway rule. D) 50/50 rule.
A failure to return personal property is disparagement of property even if the rightful owner consented to the initial taking
a. True b. False Indicate whether the statement is true or false