When determining a cost structure for a business model, equipment lease payments would be an example of a _____ cost.

A. fixed
B. variable
C. semi-variable
D. static


Answer: A

Business

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Expenses either increase liabilities or increase assets

Indicate whether the statement is true or false

Business

A kind of game in which competition leads to a less-than-optimum outcome for both managers, is called:

A) budget outcome dilemma game. B) prisoner's dilemma game. C) leader-follower dilemma game. D) best strategy dilemma game.

Business

Skipper Company manufactures toy boats and uses an activity-based costing system. The following information is provided for the month of May:


Each boat consists of four parts, and the direct materials cost per boat is $7.28. There is no direct labor. What is the total manufacturing cost per boat? (Round any intermediate calculations and your final answer to the nearest cent.)
A) $11.26
B) $18.54
C) $2.98
D) $14.16

Business

There is a .90 probability of obtaining a value such that?

A. ? <<?.
B. ???.
C. ? ???.
D. ? <<?.

Business