g Which of the following is true about the seller's duty of delivery? Select one: a. The contract of sale requires the seller to deliver the goods to the buyer's place of business. b. If the goods are covered by a negotiable warehouse receipt, the buyer must indorse the receipt. c. The buyer is required to officially notify the seller once he receives the goods. d. The seller's basic obligation is to tender delivery of goods that conform to the contract with the buyer.

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning

Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:

Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?