Innovators and early adopters should be targeted during the introductory stage
Indicate whether the statement is true or false
TRUE
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E&OE wants to minimize inventory costs as far as possible. Explain one way by which it can achieve a near-zero inventory
What will be an ideal response?
Which is best to use when selecting a clustering procedure: hierarchical or nonhierarchical clustering?
What will be an ideal response?
A company purchases an oil well for $200,000 . It estimates that the well contains 250,000 barrels, has a ten-year life, and has no salvage value. If the company extracts and sells 20,000 barrels during the first year, how much depletion expense should be recorded?
a. $40,000 b. $16,000 c. $20,000 d. $100,000
Bernes Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During October, the kennel budgeted for 2,700 tenant-days, but its actual level of activity was 2,720 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting: Fixed element per monthVariable element per tenant-dayRevenue - $30.80 Wages and salaries$3,300 $6.10Food and supplies 600 10.10Facility expenses 8,800 3.60Administrative expenses 7,600 0.10Total expenses$20,300 $19.90?The activity variance for wages and salaries in October would be closest to:
A. $298 U B. $122 U C. $122 F D. $298 F