Readers' Bookstore takes inventory annually and bases inventory on selling price. Beginning inventory for the year was $44,150 . Ending inventory for the year was $39,350 . Net sales for the year equal $75,150 . Compute the inventory turnover at retail
1.8 times
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Estimating _____ presents the most difficult task in the depreciation and amortization calculation. A change in this estimate will change the depreciation and amortization amounts going forward
a. disposal costs b. salvage value c. acquisition costs d. service lives e. ordinary wear and tear from use
Which of the following is an RFM-based goal programming model?
a. An RFM model that combines any two dimensions, includingrecency-frequency value, recency-monetary value, or frequency-monetary value b. An RFM model that combines all three dimensions in one linear programming model c. An RFM model that incorporates all three dimensions but assigns different weights to each d. All of the above
The Pay as You Throw (PAYT) model is designed to
A) increase recycling. B) decrease throwing. C) increase consumption. D) decrease consumption.
The budget variance arises from a comparison of:
A. static-budget amounts with flexible-budget amounts. B. budgeted fixed overhead expenditures with budgeted fixed overhead costs. C. variable overhead costs with budgeted fixed overhead costs. D. actual variable overhead expenditures with budgeted variable overhead costs. E. actual fixed overhead costs with budgeted fixed overhead costs.