Portfolio or quadrant analysis may be used to develop longer-term strategies for moving categories of spend into a more desirable location on the spend map.

A special one-time order should never be accepted if the unit sales price is less than the unit variable cost.

Certified public accountants are licensed after they pass a federal accountant's exam.

On January 1, 2010, Broadway Co.had purchased a machine for $60, 000.This machine had an estimated service life of eight years and an estimated residual value of $4, 000.It has been depreciated by the straight-line method since acquisition.On January 1, 2013, it was determined that the remaining service life for this machine was nine years and that the residual value would be $3, 000.
Required:
Record the depreciation expense for 2013.

Prime cost consists of:

A) direct labor and manufacturing overhead.
B) direct materials and manufacturing overhead.
C) direct materials and direct labor.
D) direct materials, direct labor and manufacturing overhead.