ITU-T stands for ________
A) International Television Union-Telecommunication Standards Sector
B) Independent Telecommunications Union-Telecommunication Standards Sector
C) International Telecommunications Union-Telecommunication Standards Sector
D) Interdependent Telecommunications Union-Telecommunication Standards Sector
C
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Tomlison Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted for 5,100 units, but its actual level of activity was 5,150 units. The company has provided the following data concerning the formulas to be used in its budgeting: Fixed Element per MonthVariable Element per UnitRevenue - $42.40 Direct labor$0 $7.70Direct materials 0 15.40Manufacturing overhead 46,800 1.20Selling and administrative expenses 21,000 0.40Total expenses$ 67,800 $ 24.70The selling and administrative expenses in the planning budget for October would be closest to:
A. $23,103 B. $23,330 C. $23,060 D. $23,040
Nolan Company has two segments: Audio and Video. Sales for the Audio Segment were $500,000 . and variable costs were 60% of sales. The Video Segment also had sales of $500,000 . but variable costs were 60% of sales. Fixed costs directly traceable to the Audio and Video segments were $150,00 . and $120,000 . respectively. Common fixed costs of $200,00 . were arbitrarily allocated equally to each
segment. What was the contribution margin of the Audio Segment. a. $50,000 b. $300,000 c. $200,000 d. $150,000
Which of the following statements is not correct about the alternative hypothesis?
A) There is no way to determine whether the alternative hypothesis is true. B) The alternative hypothesis represents the conclusion for which evidence is sought. C) The alternative hypothesis is the opposite of the null hypothesis. D) None of the statements are correct.
People tend to interpret new information in a way that will support what they already believe. This is called ________
A) selective retention B) selective distortion C) cognitive dissonance D) selective attention E) cognitive bias