A building was purchased for $30,000. Assuming annual depreciation of $1,500, the book value of the building one year later is $31,500
Indicate whether the statement is true or false
False
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With advertising tracking research, after being shown a segment or stills of an ad, respondents are given a list of brands and asked to identify the correct brand that was in the ad, which measures:
A) memorability B) aided brand awareness C) unaided brand awareness D) brand and ad recognition
The ________ of a product mix refers to how many variants are offered of each product in the line
A) width B) length C) depth D) consistency E) height
Leonardo's accountant told him about contribution margin ratios, and Leonardo understood clearly that for every dollar of sales, $0.60 went to cover his fixed costs, and anything above that point was profit. What is the amount of revenue Leonardo should earn each month to break even? (Round your answer to the nearest dollar.)
Leonardo was a professional classical guitarist until a motorcycle accident left him disabled. After long
months of therapy, he hired an experienced luthier and started a small shop to make and sell Spanish
guitars. The guitars sell for $700, and the fixed monthly operating costs are as follows:
A) $8430
B) $5620
C) $4833
D) $4287
Which of the following are drawbacks to applying actual overhead to production?
a. A delay occurs in assigning costs to jobs or products. b. Fluctuations in quantities produced during a period could cause varying per-unit charges for fixed overhead. c. Seasonality of overhead costs may cause distortions in job or product costs. d. all answers are correct.