Which of the following costs could contain both variable and fixed cost elements with respect to the total output of the company?
A. Direct materials.
B. Manufacturing overhead.
C. Administrative salaries.
D. Sales commissions.
Answer: B
You might also like to view...
As our awareness of our ______ communication increases, its ______ may decrease.
A. verbal; interpretive value B. nonverbal; interpretive value C. verbal; informational value D. nonverbal; informational value
On December 30, Year 1, Plank Company entered into a contract to purchase inventory over the next year. This is an example of a(n)
a. debit to an intangible asset. b. debit to a tangible asset. c. credit to a current liability. d. executory contract. e. anticipatory contract.
Sharon fell while making an inspection of a machine at work and in the fall, she broke her arm. Can she collect workers' compensation for the time she had to be away from work as she recovered?
A) Yes, since the injury occurred while she was engaged in her job at work. B) Yes, if she can prove that the injury was caused by a fellow employee. C) No, she can only receive compensation for her medical expenses. D) No, she will have to sue her employer if she wants to collect for lost wages.
A regression model between sales (y in $1000), unit price (x1 in dollars), and television advertisement (x2 in dollars) resulted in the following function: y = 7 - 3x1 + 5x2 For this model, SSR = 3500, SSE = 1500, and the sample size is 18 . To test for the significance of the model, the test statistic F is
a. 2.33. b. .70. c. 17.5. d. 1.75.