Baughn Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$115 Units in beginning inventory 0Units produced 6,600Units sold 6,400Units in ending inventory 200 Variable costs per unit: Direct materials$26Direct labor$46Variable manufacturing overhead$7Variable selling and administrative expense$9Fixed costs: Fixed manufacturing overhead$105,600Fixed selling and administrative expense$51,200 What is the unit product cost for the month under absorption costing?
A. $88 per unit
B. $104 per unit
C. $79 per unit
D. $95 per unit
Answer: D
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David recognizes how his behavior impacts others. This is which component of ethical leadership?
A. moral sensitivity B. moral judgment C. moral motivation D. moral action
Under the periodic inventory system when payment for inventory is made within the discount period, Accounts Payable is debited, Purchases Discounts is credited and Cash is credited
Indicate whether the statement is true or false
What happens when demand is elastic?
a. As price goes up, revenue goes down. b. As price goes down, revenue goes down. c. As price goes up, revenue goes up. d. As price goes up, revenue does not change.