Traditionally, the most popular companywide base for allocating overhead to products was:
A. number of units produced.
B. direct labor hours or costs.
C. number of units sold.
D. machine hours.
Answer: B
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This question contains multiple parts; be sure to answer all of them. First, what exactly is a business model? What should it specify? Next, suppose you are planning to start a personal training business. Third, write a one-paragraph business model.
What will be an ideal response?
Hillary wants to purchase a refrigerator on credit. If she uses an installment plan, what is most likely to occur?
A. A down payment will be required. B. A discounted price on her purchase will not be offered. C. By law, finance charges on her account cannot exceed 20 percent of the purchase price. D. Taxes will not be charged.
Identify the driving forces within the U.S. food service industry and fast-food segment of the industry.
What will be an ideal response?
Which of the following statements concerning capital structure theory is NOT CORRECT?
A. Under MM with zero taxes, financial leverage has no effect on a firm's value. B. Under MM with corporate taxes, the value of a levered firm exceeds the value of the unlevered firm by the product of the tax rate times the market value dollar amount of debt. C. Under MM with corporate taxes, rs increases with leverage, and this increase exactly offsets the tax benefits of debt financing. D. Under MM with corporate taxes, the effect of business risk is automatically incorporated because rsL is a function of rsU. E. The major contribution of Miller's theory is that it demonstrates that personal taxes decrease the value of using corporate debt.