Infrastructure activities are tasks that support the announcement and initiation of new products
or services.
Indicate whether the statement is true or false
FALSE
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Describe the planning/control cycle.
What will be an ideal response?
Use this information to answer the following question. These facts concern the long-term stock investments of DeBord Corporation: June 1, 2014 Paid cash for the following long-term investments: 5,000 shares Vanhook Corporation common stock (representing 5 percent of outstanding stock) at $40 per share; 3,000 shares Shust Corporation common stock (representing 3 percent of outstanding stock) at
$24 per share. Dec. 31, 2014 Quoted market prices at year end: Vanhook common stock, $35; Shust common stock, $27. April 1, 2015 A change in policy required the sale of 1,000 shares of Vanhook Corporation common stock at $38. July 1, 2015 Received a cash dividend from Shust Corporation equal to $.30 per share. Dec. 31, 2015 Quoted market prices at year end: Vanhook common stock, $39; Shust common stock, $22. The entry to record the receipt of the cash dividend from Shust Corporation is: A) Investment in Shust Corporation 900 Cash 900 B) Cash 900 Dividend Income 900 C) Dividend Income 900 Cash 900 D) Cash 900 Investment in Shust Corporation 900
Bob and Sons' static budget for 10,000 units of production includes $50,000 for direct materials, $44,000 for direct labor, utilities of $5,000, and supervisor salaries of $15,000. A flexible budget for 12,000 units of production would show:
A) the same cost structure in total B) direct materials of $60,000, direct labor of $52,800, utilities of $6,000, and supervisor salaries of $18,000 C) total variable costs of $136,800 D) direct materials of $60,000, direct labor of $52,800, utilities of $6,000, and supervisor salaries of $15,000
The concept of atmospherics is only applicable to bricks-and-mortar-based retailers
Indicate whether the statement is true or false