In the cost of goods sold budget, projected manufacturing cost per unit of product sold does NOT include ________ cost per unit.
A) sales commission
B) direct materials
C) variable manufacturing overhead
D) direct labor
A) sales commission
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A primary objective of ______ is to make strategic decisions about the allocation of resources among strategic business units.
a. business unit servicing b. inter-unit resourcing c. strategic resource allocation d. corporate portfolio management
Remmel Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (6,000 units)$300,000Variable expenses 240,000Contribution margin 60,000Fixed expenses 59,000Net operating income$1,000 If the selling price increases by $3 per unit and the sales volume decreases by 400 units, the net operating income would be closest to:
A. $13,800 B. $19,000 C. $17,733 D. $16,800
Which form of analysis would you use to "sell" a systems project to a manager that is only interested in how many widgets will need to be sold before the project becomes profitable? Why?
What will be an ideal response?
When commercial banks grant loans,
A. the money supply is reduced. B. the money supply is increased. C. total reserves increase. D. total reserves decrease.