Which of the following is a more descriptive term of the type of cost accounting often called "variable costing"?
a. Prime costing
b. Out-of-pocket costing
c. Direct costing
d. Relevant costing
c
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The salesperson who uses the cold canvass prospecting method usually knows something about the prospect.
Answer the following statement true (T) or false (F)
When a firm wants to inventory demand via a reservation system and has insufficient capacity it should lower prices selectively
Indicate whether the statement is true or false
Widgeon Co manufactures three products: Bales; Tales; and Wales. The selling prices are: $55; $78; and $32, respectively. The variable costs for each product are: $20; $50; and $15, respectively. Each product must go through the same processing in a machine that is limited to 2,000 hours per month. Bales take 7 hours to process, Tales take 4 hours, and Wales take 1 hour. Assuming that Widgeon Co
can sell all of the products they can make, what is the maximum contribution margin they can earn per month? A) $64,000 B) $70,000 C) $56,000 D) $34,000
Without a sound explanation of the __________ for denying a request, refusing a claim, or revealing other bad news, a message will fail, no matter how cleverly it is organized or written
Fill in the blank(s) with correct word