Which of the following amounts of a flexible budget changes, within the specified relevant range, with changes in sales volume?
A) sales price per unit
B) total fixed costs
C) variable cost per unit
D) total contribution margin
D) total contribution margin
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A disadvantage of distributed data processing is
a. the increased time between job request and job completion. b. the potential for hardware and software incompatibility among users. c. the disruption caused when the mainframe goes down. d. that users are not likely to be involved.
An experiment consists of selecting a student body president and vice president. All undergraduate students (freshmen through seniors) are eligible for these offices. How many sample points (possible outcomes as to the classifications) exist?
A. 4 B. 16 C. 8 D. 32
Use this information to answer the following question. Gross payroll $16,000 Federal income taxes withheld $1,800 Social security and Medicare rate 7.65% Federal unemployment tax rate .8% State unemployment tax rate 5.4% The entry to record the payroll taxes expense would include a credit to
a. Salaries Payable. b. Federal Income Taxes Payable. c. Social Security Tax Payable. d. Cash.
The major argument against free trade is ______.
a. loss of jobs b. inflation c. increases in automation d. exchange rate instability