Mountainburg Corporation keeps track of the time required to fill orders. The times recorded for a particular order appear below: HoursProcessing Time1.2Inspection Time0.3Moving Time3.8Storing Time4.2The manufacturing cycle time was:
A. 5.3 hours.
B. 9.5 hours.
C. 20.7 hours.
D. 15.4 hours.
Answer: B
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Metro Manufacturers produces flooring material. The monthly fixed costs are $16,000 per month. The sales price per unit is $95 and variable cost per unit is $35. If Metro's managers create a CVP graph from volume levels of zero to 800 units, at what sales level (in units) will the revenue and total cost lines intersect? (Round your answer up to the nearest whole unit.)
A) 267 units B) 169 units C) 458 units D) 124 units
The Second Restatement of the Law of Torts provides for auditor liability to a limited class of foreseen third parties for:
A. Only fraud. B. Only gross negligence. C. Either ordinary or gross negligence. D. Only criminal acts.
Establishing a sustainable competitive advantage is the key to long-term financial performance.
Answer the following statement true (T) or false (F)
All consumer contracts have a 10 day cooling off period and you can get out of the deal if you give written notice within that time limit
Indicate whether the statement is true or false