Which of the following would decrease variable costs?

a. Reduction in rent expense
b. Reduction in research expenditure
c. Reduction in salaries of administrative department
d. Reduction in wages paid as direct labor

d

Business

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What two states regulate agents more than any other in the entertainment industry and why?

What will be an ideal response?

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In which of the following independent situations has Trent made a gift?

a. Trent established an irrevocable trust, income payable to himself for life and, upon his death, remainder to his children. b. Trent dies owning a U.S. savings bond with ownership listed as: "Trent, payable to Sue on Trent's death.". Sue redeems the bond. c. Trent sends $25,000 to Alice's oral surgeon in payment of her dental implants. Alice is Trent's sister and does not qualify as his dependent. d. Trent pays Eva $800,000 in a property settlement of her marital rights. One month later, Trent and Eva are divorced.

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