Instead of expensing the purchase of the vehicle, the business records it as an asset on the
Balance Sheet. It then records depreciation
expense as it uses the car in its daily
Ioperations. From the material covered in the
accounting course, which concept is represented
with depreciation expense?
Going Concern (when financial statements are
prepared with the expectation that a business will
remain in operation indefinitely.
Objective Evidence (when a source document is
prepared for each transaction).
Adequate Disclosure (when financial statements
contain all information necessary to understand a
business's financial condition.
The Matching Principle (matching revenue with
expenses).

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.

Which of the following is not one of the four principles of bottleneck management? a. increasing capacity at non-bottleneck stations is a mirageb. lost time at the bottleneck is lost system capacity.c. release work orders to the system at the bottleneck's capacity pace.d. increased bottleneck capacity is increased system capacity.e. bottlenecks should be moved to the end of the system process.

Doogan corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 grams $ 7.00 per gram direct labor 1.6 hours $ 12.00 per hour variable overhead 1.6 hours $ 6.00 per hour the company produced 5,000 units in january using 10,340 grams of direct material and 2,320 direct labor-hours. during the month, the company purchased 10,910 grams of the direct material at $7.30 per gram. the actual direct labor rate was $12.85 per hour and the actual variable overhead rate was $5.80 per hour. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for january is: