All else being equal, which of the following would cause net operating income to increase?
A) An increase in total variable costs.
B) A decrease in total fixed costs.
C) A decrease in sales price per unit.
D) A decrease in contribution margin.
B
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Metropolitan Enterprises reports the following information at December 31:
Requirements
1. What is the actual manufacturing overhead of Metropolitan Enterprises?
2. What is the allocated manufacturing overhead?
3. Is manufacturing overhead underallocated or overallocated? By how much?
According to the author of Integrity Selling for the 21st Century, which of the following statements about values is true?
A) Our values change frequently throughout life. B) Most people find it easy to clarify their values. C) A salesperson's values contribute more to sales success than do techniques. D) Values have only limited influence on our behavior. E) Values should be aligned with the culture of the firm.
When a judge orders a criminal defendant to reimburse the victim, it is called
a. reimbursement. b. restitution. c. restraint. d. retribution.
The phases of project management are:
A) planning, scheduling, and controlling. B) planning, programming, and budgeting. C) planning, organizing, staffing, leading, and controlling. D) different for manufacturing projects than for service projects. E) GANTT, CPM, and PERT.