Which of the following roles in a firm would be least affected by using mobile devices to access firm information systems?
A) senior executives
B) sales executives
C) production workers
D) operational managers
E) knowledge workers
C
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Over the past several years General Motors (GM), like other auto manufacturers, has introduced many new models of sport utility vehicles (SUVs) in all its major divisions. This proliferation of SUVs and an increase in gasoline prices have caused sales to level off. In response, GM offered rebates of up to $5,000 or no-interest financing on selected models of SUVs. The largest rebates went to current owners of GM vehicles, so that they would replace their current vehicles with a GM model instead of switching to another brand. The rebates have been heavily advertised on national television. Profit margins per vehicle have shrunk as a result of these costly promotions. In which stage of the product life cycle is GM currently operating?
A. market growth B. sales decline C. market introduction D. market establishment E. market maturity
Ferric Chemicals, Inc. has fixed costs of $34,000 per month. The highest production volume during the year was in January when 100,000 units were produced, 71,000 units were sold, and total costs of $640,000 were incurred. In June, the company produced only 60,000 units. What was the total cost incurred in June? (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.)
A) $363,600 B) $397,600 C) $640,000 D) $674,000
In a normal job-order costing system, factory overhead is applied using predetermined rates times actual input
Indicate whether the statement is true or false
Which of the following statements is true of the behavior of total fixed costs, within the relevant range?
A) They will remain the same as production levels change. B) They will increase as production decreases. C) They will decrease as production decreases. D) They will decrease as production increases.