Kayak Company has a limited number of machine hours available to make its products A, B, and C. It should give priority to producing the product that has the
A) highest sales price.
B) highest contribution margin per unit.
C) highest contribution margin per machine hour.
D) least unit variable costs.
C
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The direct cost for completing an activity in the shortest time it can realistically be completed in is called its ________ cost.
A. Crash B. Reserve C. Normal D. Accelerated E. Expedited
The times-interest-earned ratio is also called the short interest ratio
Indicate whether the statement is true or false
Use the "percent of sales method" of preparing pro forma financial statements to determine the
projection for next year's inventory. Make the following assumptions: current year's sales are $27,800,000; current year's cost of goods sold is $17,528,000; sales are expected to rise by 30%. The firm's investment in inventory in the current year is $5,890,200. What is the projection for next year's inventory? A) $5,845,500 B) $7,657,260 C) $4,526,600 D) $6,981,250
According to the theory of constraints, which of the following is an operational measurement that can be used to measure the firm's ability to make money?
A. Operating revenue B. Unit cost C. Inventory D. Sales E. Overhead per unit