Coffee, tea, cotton, and tobacco are the main exports of Uganda. It is most likely that Uganda has a(n) ________ economy

A) subsistence
B) marketing
C) merchandise exporting
D) raw material exporting
E) industrializing


D

Business

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If fixed costs are $750,000 and variable costs are 80% of sales, what is the break-even point in sales dollars?

A) $937,500 B) $525,000 C) $3,750,000 D) $1,275,000

Business

A firm produces and sells two products, Plus and Max. The following information is available relating to setup costs (a part of factory overhead):  Plus Max Units produced 200 16,000 Batch size (units) 10 400 Number of setups 20 40 Direct labor hours per unit 5 5 Total direct labor hours 1,000 80,000       Cost per setup$1,080 Total setup cost$64,800 Using direct labor hours as the allocation base, the setup cost portion of overhead that is allocated to each unit of product for Plus and Max, respectively is:

A. $4.00; $4.00. B. $160.00; $12,800.00. C. $3.20; $3.20. D. $.80; $.80. E. $200.00; $16,000.00.

Business

A cash equivalent is a highly liquid investment that can be converted into cash in three years or less

Indicate whether the statement is true or false

Business

A "Vertical Restraint Index" is a measure of relative market share

a. True b. False Indicate whether the statement is true or false

Business