Assume that Corn Co sold 8,000 units of Product A and 2,000 units of Product B during the past year. The unit contribution margins for Products A and B are $30 and $60 respectively. Corn has fixed costs of $378,000. The break-even point in units is:
A) 8,000 units
B) 6,300 units
C) 12,600 units
D) 10,500 units
D
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The just-in-time philosophy emphasizes
a. completing products on schedule. b. increasing production. c. finishing all products before starting new ones. d. eliminating waste.
To project a positive, tactful tone in a written message,
a. rely only on positive words. b. compliment the receiver in the first and last paragraphs. c. avoid using second person when stating negative ideas. d. use active voice when conveying negative ideas.
__________________ technology is the combination of processes, knowledge, and techniques that creates product or service value for an organization.
a. Management b. Information c. Performance d. Operations
The disadvantages associated with a proprietorship are similar to those of a partnership. A major difference between these two forms of business organization is that a partnership requires a legal agreement that commits the partners' personal assets, which means that partnerships have little difficulty raising large amounts of capital (similar to corporations).
Answer the following statement true (T) or false (F)