The Village Phone program is an example of ____.
A. ethnocentrism
B. nascent globalization
C. top of the pyramid
D. bottom of the pyramid
E. masculinity
Answer: D
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Variable costs per unit change in an inversely proportional rate to changes in volume
Indicate whether the statement is true or false
Ron Moss, a manager of Waterworks, Inc, was reviewing the water bills of a dog daycare and spa. He determined that its highest and lowest bills of $3,600 and $2,800 were incurred in the months of May and November, respectively. If 500 dogs were washed in May and 200 dogs were washed in November, what was the variable cost per dog associated with the company's water bill? (Round your answer to the nearest cent.)
A) $4.00 B) $14.00 C) $7.20 D) $2.67
Which file contains information on the efficiency and utilization of a work center?
A) work center master B) routing C) item master D) bill of material
Favaz began business at the start of this year and had the following costs: variable manufacturing cost per unit, $9; fixed manufacturing costs, $60,000; variable selling and administrative costs per unit, $2; and fixed selling and administrative costs, $220,000. The company sells its units for $45 each. Additional data follow: Planned production in units10,000Actual production in units10,000Number of units sold8,500There were no variances.The income (loss) under variable costing is:
A. $9,000. B. $15,000. C. $18,000. D. $(7,500). E. None of the answers is correct.