Factory overhead is typically a(n):
A. mixed cost.
B. irrelevant cost.
C. variable cost.
D. fixed cost.
Answer: A
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The value chain is the sequence of business activities in which usefulness is added to the products or the services within an organization
Indicate whether the statement is true or false
A(n) ________ is a schedule of fees a country applies to goods and services from foreign countries
A) quota B) exchange rate C) tariff D) loss-leader price E) antitrust rate
On January 2, 2013 . Bismark Corporation bought 20 percent of Congeal Corporation's capital stock for $60,000 and classified it as available-for-sale securities. Congeal's net incomes for the years ended December 31 . 2013 . and 2014, were $20,000 and $100,000, respectively. During 2014, Congeal declared a dividend of $110,000 . No dividends were declared in 2013 . On December 31 . 2014, the fair
value of the Congeal stock owned by Bismark had increased to $90,000 . How much should Bismark show on its 2014 income statement as income from this investment? a. $18,000 b. $20,000 c. $22,000 d. $44,000
The term "economies of scale" means that as a company produces larger numbers of a particular product, the cost for each unit of the product goes down.
Answer the following statement true (T) or false (F)