Given the following data, total product cost per unit under variable costing is $7.09.Direct labor$2.50per unitDirect materials$1.75per unitOverhead Total variable overhead$42,600 Total fixed overhead$160,000 Expected units to be produced 15,000units
Answer the following statement true (T) or false (F)
True
$2.50 DL + $1.75 DM + ($42,600/15,000 units) VOH = $7.09
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One of the most effective ways entrepreneurs have of creating opportunity is to identify a problem in a market and seek a solution.
Answer the following statement true (T) or false (F)
The Crown Howe accounting firm rents a skybox at Lucas Oil Field where the Indianapolis Colts plays their home games. The cost of the skybox for the season is $80,000 and includes 8 tickets to each game. The team plays 10 games a year at the arena. The most expensive non-luxury box seat is $200. After acquiring a new accounting client, the managing partner invites 5 business associates to watch a game in the firm skybox. What amount can Crown Howe deduct as an entertainment expense?
A. $0 B. $1,000 C. $1,200 D. $2,400 E. $4,400
Which of the following is NOT an objective of packaging goods?
a. promote efficiency b. educate the customer c. protect the goods d. thwart government inspection
Let: rj = regular production quantity for period j, oj =overtime production quantity in period j, ij = inventory quantity in period j, and dj = demand quantity in period j. Correct formulation of the demand constraint for a multiperiod scheduling problem
A) rj + oj + i2 - i1 ? dj. B) rj + oj + i1 - i2 ? dj. C) rj + oj + i1 - i2 ? dj. D) rj - oj - i1 + i2 ? dj.