In some states, an unsolicited e-mail must include a toll-free phone number that the recipient can use to ask the sender to send no more unsolicited e-mail
Indicate whether the statement is true or false
True
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Next year's budget for Temper, Inc., is given below: At the end of the year, the total fixed costs and the variable costs per unit were exactly as budgeted, but the following units per product line were sold:Product Line Units Sales 1 126,200 $958,579 2 56,800 $721,010 Required:(Be sure to indicate whether the variance is favorable or unfavorable.)a. Compute the sales activity variance for each product.b. Compute the sales mix variance for each product.c. Compute the sales quantity variance for each product.
What will be an ideal response?
Kristin's Boutiques has identified the following items for possible inclusion in its December 31, 2010 inventory. Which of the following would not be included in the year end inventory?
A) Merchandise purchased FOB shipping point was picked up by the freight company but had still not arrived at Kristin's Boutique as of December 31, 2010. B) Kristin has in its warehouse merchandise on consignment from Abby Co. C) Kristin has sent merchandise to various retailers on a consignment basis D) Kristin has merchandise on hand which has been returned by customers because of wrong size.
Mark hires Joe's real estate agency to sell his property, telling Joe he has lost too much money playing the stock market to afford to keep it up. Then Mark wins the three million-dollar lottery! Joe reads this in the newspaper and that afternoon makes a contract with Sharon to sell the property. Is the contract valid?
a. No, the agency terminated because of the change in conditions. b. No, the agent has no right to sell without consent. c. Yes, Mark would have to notify Joe if he wanted to stop the sale. d. Yes, Joe had apparent authority to sell.
Cecilia's business has more expenses than it has revenues this year; therefore, her business has a
A. net loss. B. net increase. C. net income. D. net cash flow.