The Magna Carta of 1215 limited the powers of the king (the monarch) in the United Kingdom
a. True
b. False
Indicate whether the statement is true or false
True
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What factor, related to manufacturing costs, causes the difference in net earnings computed using absorption costing and net earnings computed using variable costing?
a. Absorption costing considers all costs in the determination of net earnings, whereas variable costing considers fixed costs to be period costs. b. Absorption costing allocates fixed overhead costs between cost of goods sold and inventories, and variable costing considers all fixed costs to be period costs. c. Absorption costing "inventories" all direct costs, but variable costing considers direct costs to be period costs. d. Absorption costing "inventories" all fixed costs for the period in ending finished goods inventory, but variable costing expenses all fixed costs.
Any problems with quality can lead to ______.
A. increased throughput B. factory shutdowns C. increased revenue D. customer satisfaction
Rover Company sells go-carts at $500 each, incurs variable cost per unit of $300, and has a total fixed expense of $50,000. How many units must be sold to achieve a target operating income of $43,000?
A) 215 B) 250 C) 186 D) 465 E) 500
Labor relations is becoming more diverse around the world because of ____________________.
A. Increasing union strength breeds experimentation B. Corporate insistence on workplace flexibility C. Centralization of unions allows unions to learn more about each others various methods D. Government policies designed to encourage experimentation