Cost of goods sold increased $200,000 and 22% from the previous year. What type of analysis was performed?
a. Vertical
b. Horizontal
c. Normal
d. Absolute
b
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Celaneo Avionics makes aircraft instrumentation. Its basic navigation radio requires $80 in variable costs and $3000 per month in fixed costs. Celaneo sells 20 radios per month. If the company further processes the radio, to enhance its functionality, it will require an additional $30 per unit of variable costs, plus an increase in fixed costs of $400 per month. The current sales price of the radio is $270. The CEO wishes to improve operating income by $1100 per month by selling the enhanced version of the radio. In order to meet this target, the sales price to be charged for the enhanced product is ________.
A) $300 per unit B) $375 per unit C) $105 per unit D) $380 per unit
In the U.S., the ___________ is responsible for the Financial Accounting Standards Board (FASB).
What will be an ideal response?
Match each term with the correct statement below.
a. marketing channel b. selective distribution c. warehouse showrooms d. materials handling e. warehouse clubs f. inventory management g. intensive distribution h. exclusive distribution 1. Convenience goods often use this method of market coverage. 2. Large-scale discount operations that are open to members only. 3. The physical handling of a product during transportation and while it is in the warehouse. 4. A group of interrelated organizations that direct the flow of products to the ultimate consumer. 5. The process of developing and maintaining products that are in demand by customers 6. Shopping goods are often distributed through this method of market coverage. 7. Convenience goods often use this method of market coverage.
Northwest Resources, Inc, and Midwest Commodities Corporation are exporting firms that join together to export a line of products. Northwest Resourcesand Midwest Commodities apply to Commerce Bank for a loan to fund their effort. Under federal law, Commerce and other U.S. banks are A) encouraged by credit guaranties to lend such funds
B) discouraged by administrative rules to make such loans. C) asked by enforcement agencies to report such requests. D) banned by statute from opening such credit lines.