Outdoor Living Company has just received a special order for 500 hammocks. Outdoor Living has sufficient idle capacity to accept the order. Accepting the order will increase Outdoor Living's total variable manufacturing costs. Which type of cost is considered relevant to Outdoor Living's decision of whether to accept or reject the special order?
A. Salary of the production manager
B. Depreciation on equipment that would be used to make the hammocks
C. Raw materials to make the 500 hammocks
D. Company president's salary
Answer: C
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A) $2.51 B) $2.40 C) $1.80 D) $1.72
Generally, a promise is legally enforceable even if nothing is given or received for the promise
Indicate whether the statement is true or false
Money market funds invest mainly in ________, which consists of short-term debt securities issued by large corporations
Fill in the blank(s) with the appropriate word(s).