Total fixed costs are $30,000. Marketing data indicate that the company can sell up to 6000 units of the Bedford Lamp and up to 6000 units of the Lowell Lamp. Machine hour capacity is 25,000 hours per year. Which product mix will deliver the optimum operating income?
Misbah Corporation manufactures two styles of lamps—a Bedford Lamp and a Lowell Lamp. The following per unit data are available:
A) 6000 Bedford Lamps and 6000 Lowell Lamps
B) 6000 Bedford Lamps and zero Lowell Lamps
C) 6000 Bedford Lamps and 3800 Lowell Lamps
D) 6000 Bedford Lamps and 1200 Lowell Lamps
C) 6000 Bedford Lamps and 3800 Lowell Lamps
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In a dispute over a sale involving a bicycle, Dain argues that as to this deal Emory's Hobby Shop, where Dain bought the bike, is a merchant. A court may determine whether Emory's is a merchant by assessing whether
A. it has sold any bikes within the last year. B. it holds itself out by occupation as having knowledge or skill unique to the bike in the transaction. C. its owner enjoys biking. D. it subscribes to Bike, a biweekly trade magazine.
In the absence of strong evidence to the contrary, employees will naturally assume that a pay increase is a(n):
A. performance-based adjustment. B. merit adjustment. C. ability and effort adjustment. D. cost-of-living or seniority adjustment.
The null hypothesis in the Durbin–Watson test is always that there is _____
a. positive autocorrelation b. negative autocorrelation c. either positive or negative autocorrelation d. no autocorrelation
Analyzing collected historical data with multidimensional analytic tools and exploratory techniques is called ______________________________. ?
Fill in the blank(s) with the appropriate word(s).