For many firms, the largest single operating expense is
A. administrative overhead.
B. research and development.
C. product management.
D. publicity.
E. personal selling.
Answer: E
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Salespeople write up their completed activities in a(n) ________
A) sales quota report B) profit-sharing plan C) call plan D) call report E) expense report
It is not the responsibility of the employee to report unsafe conditions to their supervisor
Indicate whether the statement is true or false
[The following information applies to the questions displayed below.] Scavenger Company, a manufacturer of recycling bins, began operations on January 1 of the current year. During this time, the company produced 60,000 units and sold 55,000 units at a sales price of $15 per unit. Cost information for this year is shown in the following table:Production costs Direct materials$2.50per unitDirect labor$3.00per unitVariable overhead$0.75per unitFixed overhead$240,000in totalNon-production costs Variable selling and administrative$10,000in totalFixed selling and administrative$50,000in totalGiven the Scavenger Company data, what is net income using variable costing?
A. $150,000 B. $181,250 C. $201,250 D. $276,250 E. $177,600
Optimal capital structure "first" criteria suggests that RISK should be ________ and that the best way to obtain that is with ________ levels of debt and ________ levels of equity
A) high; high; low B) low; high; low C) low; low; high D) high; low; high