Based on the cost, the process that is best suited for the current contracted volume is

The Durham-Mills Self-Administering Test of Mental Ability was the first group-administered mental ability test to have widespre

forsale [732]

Answer:

False

Explanation:

The Otis Self-Administering Test of Mental Ability was the first group-administered mental ability test to have widespread use in industry.

This test was first developed in 1922 by Arthur Otis. It was first designed to measure students' general school abilities. Otis's first tests were designed for the Army in 1917 and were known as the Alpha tests (for those who could read) and the Beta tests (for those who couldn't read).

7 0

3 years ago

“In fact, production theory is much simpler than consumption theory because the output of a production process is generally obse

laila [671]

Answer:

The given statement 'In fact,...observable' conveys the idea that it is comparatively convenient and simple to calculate the amount or quantity of goods that are being produced within a firm, territory, or country to determine the economic worth directly. On the other hand, estimating the amount or quantity of goods consumed by the people across a region or country is difficult and can not be observed directly. However, the latter is given more significance and determined more usually through calculating the expenditure made by the consumers depending on their choices and within their income constraints and these are the primary factors that affect the economic growth or development while the production theory lays emphasis on the maximization of profit.

6 0

3 years ago

What is the main benefit of using a consistent system to label your files?

Ierofanga [76]

Answer:

D. It helps you keep track of each stage of the editing process

6 0

3 years ago

The following information relates to the assets of Westfield Semiconductors as of December 31, 2019. Westfield uses the straight

Salsk061 [2.6K]

Answer:

See the explanation below.

Explanation:

Given the following:

Asset Acquisition-Cost Expected-Life Residual-Value Time-Used

Land $104,300 Infinite $100,000 10 years

Building 430,000 25 years 30,000 10 years

Machine 285,000 5 years 10,000 2 years

Patent 80,000 10 years 0 3 years

Truck 21,000 100,000 miles 3,000 44,000 miles

Therefore, we have:

Building annual depreciation = ($430,000 - $30,000) / 25 = $16,000

Building net book value (NBV) = $430,000 - (16,000 * 10) = $270,000

Machine annual depreciation = ($285,000 - 10,000) / 10 = $27,500

Machine NBV = $285,000 - ($27,500 * 2) = $230,000

Patent annual amortization = $80,000 / 10 = $8,000

Patent net written down value = $80,000 - ($8,000 * 3) = $56,000

Truck accumulated depreciation = ($21,000 - 3,000) * (44,000 / 100,000) = $7,920

Truck NBV = $21,000 - $7,920 = 13,080

Westfield Semiconductors Balance Sheet (Partial) as of December 31, 2019.

Details $

Property, plant, and equipment:

Land (Cost) 104,300

Building (NBV) 270,000

Machine (NBV) 230,000

Truck (NBV) 13,080

Total PPM 617,380

Intangible assets:

Patent (NRV) 56,000

Total tangible and intangible assets  673,380

4 0

3 years ago

Fedor, Inc. has prepared the following direct materials purchases budget: Month Budgeted DM Purchases June $ 69 comma 000 July

cricket20 [7]

Answer:

C) $77,090

Explanation:

June 69000 (40% in July, 50% in AUgust)

July 80000 (40% in August, 50% in Sepetember)

August 77500 (40% in September, 50% in October)

September 77900 (40% in October)

October 71800 (10% in October)

Total budgeted cash payments in October = 71,800 x 10% + 77,900 x 40% + 77,500 x 50% = 77,090

6 0

3 years ago

Based on the​ cost, the process that is best suited for the current contracted volume is

Based on the cost, the process that is best suited for the current contracted volume is