Which of the following goods are typically produced under a make-to-order approach?

A) expensive high-volume goods
B) cheap high-volume goods
C) very expensive low-volume goods
D) mass-produced goods
E) goods from external vendors


C

Business

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Ann Co uses the dollar-value LIFO retail method. The beginning inventory, purchased when the price index was 100, had a retail value of $4,000 and a cost of $3,600. During the period, purchases amounted to $60,000 at retail ($52,800 at cost). Sales amounted to $56,300. The year-end price index was 110. What is the cost of ending inventory?

A) $6,240 B) $6,504 C) $6,570 D) $6,900

Business

Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements—Increase in Accrued Liabilities—indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:

a. Add to net income to arrive at net cash flows from operating activities b. Subtract from net income to arrive at net cash flows from operating activities c. Not used to adjust net income to calculate net cash flows from operating activities

Business

Applying Maslow's theory, why might an employee's unsatisfied need present a problem to management?

What will be an ideal response?

Business

One necessary element for an effective offer is a reasonable price related to market value

Indicate whether the statement is true or false

Business