You should strive to write paragraphs with eight or fewer printed lines
Indicate whether the statement is true or false
True
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Phoenix Corporation manufactures smartphones, generally selling from 200,000 to 300,000 units per year. The following cost data apply to the activity levels shown:Number of Units200,000250,000300,000Total costs??? Fixed$ 15,000,000?? Variable24,000,000??Total costs$ 39,000,000??????Cost per Unit??? Fixed$ 75?? Variable120??Total cost per unit$ 195??Required: 1.) Complete the preceding table by filling the missing amounts for 250,000 and 300,000 units.2.) Assume that Phoenix actually makes 280,000 units. What would be the total costs and the cost per unit at this level of activity? (Round the cost per unit to two decimal points)3.) If Phoenix sells each unit for $220, what is Phoenix's magnitude of
operating leverage at sales of 280,000 units? (Round to two decimal points.) What will be an ideal response?
An organization’s ____ is the total expense involved in ensuring that a product or service meets established quality standards.
a. Hurdle rate b. Cost of quality c. Opportunity cost d. Standard cost system
Which of the following phrases is an example of effective feedback?
A) When your slides were two hours late, I was concerned that we might not make our team deadline. B) No offense, but let's face it: you've been unprofessional. C) As a result of your late work, a lot of people in this company don't want to work with you anymore. D) You are always a step behind everyone else. E) I had to ask myself: what were you thinking?
The tax credit available through the Saver's Credit is equal to
A) the annual IRA contribution limit. B) $2,000 regardless of income level and tax-filing status. C) a percentage of the contribution made to a traditional IRA, Roth IRA, 401-k, SIMPLE plan, or 403(b) plan. D) one-fourth of the Social Security taxes paid by the taxpayer.