For the business market, a multipurpose absorbent used to clean up any type of spills would be an example of a(n) ________
A) repair product
B) operating supply
C) maintenance product
D) restoration product
E) consumer product
C
You might also like to view...
The names of the four major types of adjusting entries are _________________________, _________________________, _________________________, and _________________________
Fill in the blank(s) with correct word
Negative cash flow:
A. is included in the pro forma income statement. B. results when cash receipts exceed cash payments. C. can cause a firm to fail. D. is uncommon in new ventures.
When formulating a goal programming model, the decision maker will use decision variables similar to those used in regular linear or nonlinear programming models. In goal programming models, these variables are known as:
a. Functional variables. b. Deviational variables. c. Priority variables. d. Any of the above
Lewis Marine Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor Lewis uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows:
Direct materials: 4 pounds per unit; $6 per pound Direct labor: 4 hours per unit; $17 per hour During the first quarter, Lewis produced 4,000 units of this product. Actual direct materials and direct labor costs were $66,000 and $328,000, respectively. For the purpose of preparing the flexible budget, what is the total standard direct labor cost at a production volume of 4,000 units? A) $68,000 B) $66,000 C) $272,000 D) $328,000