Which one of the following experiences is likely to do you the most good in terms of developing job skills?
A) being assigned familiar responsibilities
B) dealing with routine assignments
C) having a boss with serious shortcomings
D) being paid more than your peers
Answer: C
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Total fixed costs are $50,000. Machine hour capacity is 30,000 hours per year. Assuming that the company can sell as many products as it can make, which product mix would deliver the highest operating income?
Deng Corporation manufactures two styles of lamps — Bedford Lamp and Lowell Lamp. The following per unit data are available:
A) 7500 Bedford Lamps and 15,000 Lowell Lamps
B) 0 Bedford Lamps and 7500 Lowell Lamps
C) 15,000 Bedford Lamps and 0 Lowell Lamps
D) 15,000 Bedford Lamps and 15,000 Lowell Lamps
Awkward speech habits are more obvious when you speak slowly.
Answer the following statement true (T) or false (F)
In a sell or process further decision, consider the following costs:I.A variable production cost incurred prior to split-off.II.A variable production cost incurred after split-off.III.An avoidable fixed production cost incurred after split-off.Which of the above costs is (are) not relevant in a decision regarding whether the product should be processed further?
A. Only I and III B. Only I and II C. Only I D. Only III
You expect a 3% rate of inflation to continue indefinitely into the future. A $10,000 vacation today will cost $________ twenty years from now. (Table or calculator required.)
A) 10,300 B) 14,988 C) 18,061 D) 42,944