A firm that employs a response strategy should minimize inventory throughout the supply chain

On January 1, 2016, Digger purchased some equipment for $29,600. The anticipated life of the equipment was five years and residual value was estimated to be $4,100. The machine was expected to produce 600,000 units. In January of 2016, 35,000 units were produced and production was doubled in February. The company uses the activity depreciation method. What is the amount of depreciation expense

for the month of February? A) $ 637.50 B) $1,487.50 C) $3,453.33 D) $2,975.00

As soon as a futures contract is marked to market, its value is zero

Indicate whether the statement is true or false