Which statement is not correct?
a. Inventories provide a competitive advantage.
b. Inventories can invite overproduction.
c. Inventories are expensive to maintain.
d. Inventories may conceal problems.
A
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According to Theodore Levitt, "segment simultaneity" refers to a trend wherein ________
A) the same segments are likely to show up in multiple national markets across the globe B) hundreds of different segments are likely to show up within a single national market C) the segments in two different national markets are never likely to have any similarities D) no two segments within a single national market show similarities in more than a certain number of attributes
When do you ________ Mr. Rattigan?
a. accept b. except c. expect
Asif and Joseph have a conflict. Their supervisor allows their colleagues to mediate the conflict and make decisions to resolve the conflict. Which of the following statements is true about this scenario?
A. The supervisor is using a peer-review panel to resolve the conflict. B. This is an example of a nonunion arbitration. C. Asif and Joseph are denied interactional justice and informational justice. D. Asif and Joseph's firm lacks an open-door policy to address issues faced by its employees.
Pavelko Corporation has provided the following data for its two most recent years of operation: Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$13Direct labor$5Variable manufacturing overhead$5Fixed manufacturing overhead per year$90,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$6Fixed selling and administrative expense per year$61,000 Year 1Year 2Units in beginning inventory01,000Units produced during the year10,0009,000Units sold during the year9,0008,000Units in ending inventory1,0002,000The unit product cost under variable costing in Year 2 is closest to:
A. $32.00 B. $38.00 C. $29.00 D. $23.00