The geometric mean of 1, 2, 4, and 10 is
a. 2.99
b. 4.25
c. 17.0
d. 4.0
A
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Dormentor, Inc produces converts and markets packaging products including boxboard, container board, and numerous other specialty packaging products. In an attempt to increase its organic growth, the company decides to introduce new products
It asks the managers and employees to send in ideas for new products. Before launching products based on any of these ideas, what are the stages that the company has to go through?
________ are the tangible products that individuals purchase for personal or family use
A) Consumer services B) Consumer goods C) E-services D) E-products E) Industrial goods
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$90 Units in beginning inventory 0Units produced 3,400Units sold 3,000Units in ending inventory 400 Variable costs per unit: Direct materials$21Direct labor$38Variable manufacturing overhead$6Variable selling and administrative expense$4Fixed costs: Fixed manufacturing overhead$54,400Fixed selling and administrative expense$3,000The total contribution margin for the month under variable costing is:
A. $27,000 B. $75,000 C. $63,000 D. $8,600
Which of the following statements about quantity discounts is FALSE?
A) The cost-minimizing solution may or may not be where annual holding costs equal annual ordering costs. B) In inventory management, item cost becomes relevant to order quantity decisions when a quantity discount is available. C) If carrying costs are expressed as a percentage of value, EOQ is larger at each lower price in the discount schedule. D) The larger the annual demand, the less attractive a discount schedule will be. E) The smaller the ordering cost, the less attractive a discount schedule will be.