Consider the following list of accounts:Accounts PayableCashPrepaid RentCommon StockSalaries PayableEquipmentSuppliesRent ExpenseHow many of these accounts have a normal credit balance?
A. Two.
B. Three.
C. Four.
D. Five.
Answer: B
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An advantage of work sampling is that:
A) no observation is required. B) it involves study of the equipment only. C) a performance rating is necessary. D) the time spent observing the employee is relatively short. E) it is more effective than time studies when task times are short.
In all types of business entities, the owners can fully share in the management and control of the business
Indicate whether the statement is true or false
Two parties are more likely to take on a more integrative approach to negotiations when
A. their power is relatively equal. B. Machiavellian tendencies prevail. C. one party has significantly more power. D. they are feeling negative emotions. E. emotional intelligence is low.
Vandermeer Products, Inc., has a Antennae Division that manufactures and sells a number of products, including a standard antennae. Data concerning that antennae appear below:?Capacity in units88,000?Selling price to outside customers$97?Variable cost per unit$50?Fixed cost per unit (based on capacity)$23The company has a Aircraft Products Division that could use this antennae in one of its products. The Aircraft Products Division is currently purchasing 11,000 of these antennaes per year from an overseas supplier at a cost of $88 per antennae.Required:a. Assume that the Antennae Division is selling all of the antennaes it can produce to outside customers. What is the acceptable range, if any, for the transfer price between the two divisions?b. Assume again that the Antennae
Division is selling all of the antennaes it can produce to outside customers. Also assume that $1 in variable expenses can be avoided on transfers within the company due to reduced shipping and selling costs. What is the acceptable range, if any, for the transfer price between the two divisions? What will be an ideal response?