Lacourse Inc.'s inspection costs are listed below: Units ProducedInspection CostsJanuary647$15,309February724$15,965March694$15,715April645$15,271May696$15,745June665$15,442July718$15,933August699$15,739 Management believes that inspection cost is a mixed cost that depends on units produced. Using the least-squares regression method, the estimate of the variable component of inspection cost per unit produced is closest to:
A. $8.27
B. $8.78
C. $22.80
D. $8.82
Answer: D
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All of the following statements regarding uncertainty in liabilities are true except:
A. A company only records liabilities when it knows whom to pay, when to pay, and how much to pay. B. Liabilities can involve uncertainty in whom to pay. C. A company can be aware of an obligation but not know how much will be required to settle it. D. A company can have an obligation of a known amount to a known creditor but not know when it must be paid. E. A company can create a liability with a known amount even when the holder of the note may not be known until the maturity date.
Identify and discuss the varieties of response to influence tactics, along with the relative effectiveness of each.
What will be an ideal response?
What is the current price of a $1,000, 6% coupon bond that pays interest semi-annually if the bond matures in ten years and has a yield-to-maturity of 7.1325%?
A) $567 B) $920 C) $1,030 D) $1,080
The _________________________ is the point at which income from sales equals the total cost of producing and selling goods
Fill in the blank(s) with correct word