The passing of title to the state because of the lack of heirs:

Which of the following statements is true regarding a direct fixed cost?

A) The corporate jet expenditure is an example of a direct fixed cost. B) These costs are not associated with individual products. C) These costs do not vary with sales volume. D) These costs are spread out over many years and sometimes different products.

Exhibit 14-6 Jones Corporation issued $400,000 of its 8%, 10-year bonds, dated January 1, 2016, at face value plus accrued interest on May 1, 2016. Interest is paid on January 1 and July 1. Jones uses the most common method to record the sale of the bonds between interest payment periods. ? Refer to Exhibit 14-6. The amount of bond interest expense reported on the year-end 2016 income statement

would be A) $17,538. B) $21,333. C) $21,384. D) $32,000.