Babuca Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product. Production volume 5,000units 6,000unitsDirect materials$103,500 $124,200 Direct labor$282,500 $339,000 Manufacturing overhead$667,000 $679,800 The best estimate of the total cost to manufacture 5,300 units is closest to:
A. $1,116,180
B. $1,009,650
C. $1,062,915
D. $1,080,000
Answer: D
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Answer the following statements true (T) or false (F)
1. In the Ohio State Leadership Model, consideration is leadership behavior that expresses concern for employees by establishing a warm, friendly, supportive climate. 2. Peter Drucker recommends using bold "I" language rather than "we" in the workplace to improve leadership effectiveness. 3. The path-goal leadership model is a contingency approach to leadership. 4. In the contingency leadership model, filling out the least preferred coworker (LPC) questionnaire helps you to assess situational control.
________ is a comparative scaling technique where numbers are assigned to objects such that ratios between the assigned numbers reflect ratios on the specified criterion
A) Q-sort scaling B) Magnitude estimation C) Guttman scaling D) Constant sum scaling
Asset impairment occurs when the fair value of a long-term asset exceeds its carrying value
Indicate whether the statement is true or false
Nelson Corporation has the following information available for 2011: Cash balance on 1/1/2011 $6,000 Cash balance on 12/31/2011 10,000 Net cash provided by operating activities 150,000 Net cash utilized by investing activities 160,000 The financing activity section of Nelson's statement of cash flows would show:
A) net cash provided by financing activities of $10,000. B) net cash utilized by financing activities of $4,000. C) net cash utilized by financing activities of $6,000. D) net cash provided by financing activities of $14,000.