If a physical count of inventory indicates that the Merchandise Inventory account is overstated, an adjusting entry is required to record the difference

Ron Moss, a manager of Waterworks, Inc, was reviewing the water bills of a dog daycare and spa. He determined that its highest and lowest bills of $3,600 and $2,800 were incurred in the months of May and November, respectively. If 500 dogs were washed in May and 200 dogs were washed in November, what was the variable cost per dog associated with the company's water bill? (Round your answer to the nearest cent.)

A) $4.00 B) $14.00 C) $7.20 D) $2.67

One source for communicating effectively is knowing that gestures are universally understood

Indicate whether the statement is true or false.