The sales forecast for the 4th quarter of year 7 is approximately ________ in 000's

A) 120 units
B) 218 units
C) 189 units
D) 196 units


B

Business

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Georgeson Emergency Care Hospital uses the step-down method to allocate service department costs to operating departments. The hospital has two service departments, Administration and Information Technology (IT), and two operating departments, Emergency Room and Intensive Care.  Service Department Operating Department AdministrationIT Emergency RoomIntensive CareDepartmental costs$13,340$15,805 $597,700$396,240Employees45 14283Computers44 6546 Administration Department costs are allocated first on the basis of employees and IT Department costs are allocated second on the basis of computers. Required: Allocate the service department costs to the operating departments using the step-down method.

What will be an ideal response?

Business

The marketing research proposal consists of many sections. The ________ section is normally a statement of the problem, including the specific components

A) problem definition/objectives of the research B) approach to the problem C) executive summary D) research design

Business

Marshall Company uses a standard cost system. Variable overhead costs are allocated based on direct labor hours. In the first quarter, Marshall had a favorable efficiency variance for variable overhead costs. Which of the following scenarios is a reasonable explanation for this variance?

A) The actual number of direct labor hours was lower than the budgeted hours. B) The actual variable overhead costs were higher than the budgeted costs. C) The actual variable overhead costs were lower than the budgeted costs. D) The actual number of direct labor hours was higher than the budgeted hours.

Business

A movie theater finds that when it reduces its prices, its total revenues drop significantly. Its price elasticity of demand is _____

a. unitary b. inelastic c. positive d. elastic

Business