Which of the following is NOT a securities professional:
a. a broker b. a dealer
c. an adviser
d. all of the other specific choices are securities professionals e. none of the other specific choices are correct
d
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The following costs relate to Tower Company: Variable manufacturing cost, $30; variable selling and administrative cost, $8; applied fixed manufacturing overhead, $15; and allocated fixed selling and administrative cost, $4. If Tower uses absorption manufacturing-cost pricing formulas, the company's markup percentage would be computed on the basis of:
A. $30. B. $57. C. $38. D. $45. E. None of the answers is correct.
Another term for an invoice is a bill
Indicate whether the statement is true or false
A company's inventory records report the following in November of the current year: BeginningNovember 15 units @ $13PurchaseNovember 210 units @ $15PurchaseNovember 126 units @ $17 On November 8, it sold 12 units for $43 each. Using the perpetual LIFO inventory method, what was the amount recorded in the cost of goods sold account for the 12 units sold?
A. $317 B. $270 C. $266 D. $234 E. $176
Demand for a product is approximately normal, averaging 5 units per day with a standard deviation of 1 unit per day. Lead time for this product is approximately normal, averaging 10 days with a standard deviation of 3 days
What reorder point provides a service level of 90 percent?