The American Floral Council used an ad that showed three flower arrangements varying in size from a single rose to a very large elaborate arrangement. The caption simply read, "Just how mad is she?" This ad relies on which of the following situational influences for its effectiveness?
A. physical surroundings
B. psychological effects
C. social surroundings
D. antecedent states
E. purchase task
Answer: D
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In a process costing system, the amount of total costs to be accounted for is made up of direct materials and conversion costs incurred during the current period plus those costs included in the beginning Work in Process Inventory account
Indicate whether the statement is true or false
Lead time for computers is 7 days with daily demand of 5 computers and a safety stock of 1 day. Each kanban holds 8 computers. What is the correct number of kanbans?
A) 4.5 B) 1 C) 5 D) 7 E) 8
Nissley Wedding Fantasy Corporation makes very elaborate wedding cakes to order. The owner of the company has provided the following data concerning the activity rates in its activity-based costing system:Activity Cost Pools Activity RateSize-related$1.13per guestComplexity-related 28.22per tierOrder-related$74.72per orderThe measure of activity for the size-related activity cost pool is the number of planned guests at the wedding reception. The greater the number of guests, the larger the cake. The measure of complexity is the number of tiers in the cake. The activity measure for the order-related cost pool is the number of orders. (Each wedding involves one order.) The activity rates include the costs of raw ingredients such as flour, sugar, eggs, and shortening. The activity rates do
not include the costs of purchased decorations such as miniature statues and wedding bells, which are accounted for separately.Data concerning two recent orders appear below: Tijerina WeddingTwersky WeddingNumber of reception guests 49 126Number of tiers on the cake 2 4Cost of purchased decorations for cake$28.60$54.64Suppose that the company decides that the present activity-based costing system is too complex and that all costs (except for the costs of purchased decorations) should be allocated on the basis of the number of guests. In that event, what would you expect to happen to the costs of cakes? A. The cost of cakes for receptions with more than the average number of guests would go down. B. The costs of all cakes would go up. C. The costs of all cakes would go down. D. The cost of cakes for receptions with fewer than the average number of guests would go down.
Give the source of statutory law for each of the following topics: a. Uniform Revised Limited Partnership Act b. 1933 Securities Act c. law requiring bikes on public streets to be licensed d. no taking of property without just compensation e. establishment of the House of Representatives