Why do accountants normally calculate cost per unit as an average?
A. Some manufacturing-related costs cannot be accurately traced to specific units of product.
B. Determining the exact cost of a product is virtually impossible.
C. Even when producing multiple units of the same product, normal variations occur in the amount of materials and labor used.
D. All of these are justifications for computing average unit costs.
Answer: D
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Sarah, a manager at Energy Inc., conducts an interview with Matthew for a job as regional sales manager. During the course of the interview, she has Matthew take a test that assesses Matthew's integrity by asking him about his attitude toward shoplifting and his own experiences with shoplifting, if any. Which test is Sarah conducting?
A. work sample test B. exit test C. cognitive ability test D. paper-and-pencil honesty test E. in-basket test
Redesign the website to reduce the number of steps needed to place an order shows effective wording for a formal report recommendation
Indicate whether the statement is true or false
Which of the following statements regarding net margin is incorrect?
A. Net margin may be calculated in several ways. B. Net margin refers to the average amount of each sales dollar remaining after all expenses are subtracted. C. The amount of net margin is affected by a company's choices of accounting principles. D. The smaller the net margin the better.
Assume that real risk-free rate (r*) = 1.00%; the maturity risk premium is found as MRP = 0.20%×(t - 1), where t = years to maturity; the default risk premium for AT&T bonds is found as DRP = 0.07%×(t - 1); the liquidity premium (LP) is 0.50 percent for AT&T bonds but zero for Treasury bonds; and inflation is expected to be 7 percent, 6 percent, and 5 percent during the next three years and then 4 percent thereafter. What is the difference in interest rates between 10-year AT&T bonds and 10-year Treasury bonds? (Round answer to two decimal places.)
A. 0.25% B. 0.50% C. 0.63% D. 1.00% E. 1.13%