The values of currencies on the global capital market are constantly changing
Indicate whether the statement is true or false
TRUE
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The actual volume and volume estimated in a business plan are 60,000 units and 55,000 units, respectively. If the volume variance of the business works out to $30,000, calculate the margin per unit estimated in the plan
A) $6 B) $10 C) $15 D) $18.5 E) $24.5
What was the amount of direct materials used in production during the year?
Garrett Corporation provided the following information for the year:
A) $66,000
B) $360,000
C) $383,000
D) $831,000
Julian Company is a price-taker and uses target pricing
Refer to the following information: Production volume 602,000 units per year Market price $30 per unit Desired operating income 17% of total assets Total assets $13,700,000 Variable cost per unit $18 per unit Fixed cost per year $5,400,000 per year With the current cost structure, Julian cannot achieve its profit goals. It will have to reduce either the fixed costs or the variable costs. Assuming that fixed costs cannot be reduced, what are the target variable costs per unit per year? Assume all units produced are sold. (Round your answer to the nearest cent.) A) $5.10 B) $12.00 C) $17.16 D) $18.00
The services market sells diverse services such as legal advice, auto repair, and dry cleaning. Along with finance, insurance, real estate, ________, communication and public utility firms, as well as not-for-profits, these firms represent about 75 percent of all industrial firms.
A. educational institutions B. wholesalers C. government units D. transportation E. retailers