RFID uses radio waves to identify and track materials tagged with special microchips.
Answer the following statement true (T) or false (F)
True
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Wendy's restaurants have experienced declining sales recently due to consumers' increased interest in healthier eating and their preference for fast-casual restaurants such as Chipotle and Modern Market. In order to attract more customers to Wendy's, the chain expanded the number of items they are offering on the $1 menu, and many of these items are priced below cost. Wendy's is most likely utilizing a _____ pricing objective.
A. survival B. profit C. market share D. return on investment
Universal Manufacturing uses a weighted-average process-costing system. All materials are introduced at the start of manufacturing, and conversion costs are incurred evenly throughout the process. The company's beginning and ending work-in-process inventories totaled 10,000 units and 15,000 units, respectively, with the latter units being 2/3 complete at the end of the period. Universal started 30,000 units into production and completed 25,000 units. Manufacturing costs follow.Beginning work in process: Materials, $60,000; conversion cost, $150,000Current costs: Materials, $180,000; conversion cost, $480,000Universal's equivalent-unit cost for conversion cost is:
A. $25.20. B. $18.00. C. $13.71. D. $21.00. E. None of the answers is correct.
Under the modern traditional theory, the sovereign may nationalize foreign-owned property only where: A) it is for a public purpose
B) the foreign firm that owned the property was operating it unprofitably. C) a communist government takes over the country. D) the foreign firm has continuously violated the laws of the host country.
In a histogram, which of the following can be used to display the height of the bars for each class?
a. relative frequency which equals the number of observations in the class divided by the overall number b. Both frequency and relative frequency which equals the number of observations in the class divided by the overall number can be used. c. frequency d. cumulative total