Wholesaling includes all the activities in selling goods or services to those who buy for resale or business use
Indicate whether the statement is true or false
TRUE
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Which federal law, passed in 1935, supports collective bargaining and sets out the rights of employees to form unions?
A. Wagner Act B. Sarbanes-Oxley Act C. Taft-Hartley Act D. Civil Rights Act E. Landrum-Griffin Act
The user of the ______ conflict style, also called the compromising style, attempts to resolve conflict through assertive give-and-take.
A. avoiding B. accommodating C. negotiating D. forcing
Providing employees with overtime opportunities is especially beneficial when the increased need for human resources is short term.
Answer the following statement true (T) or false (F)
Wind Fall, a manufacturer of leaf blowers, began operations this year. During this year, the company produced 10,000 leaf blowers and sold 8,500. At year-end, the company reported the following income statement using absorption costing:Sales (8,500 × $45)$382,500 Cost of goods sold (8,500 × $20) 170,000 Gross margin$212,500 Selling and administrative expenses 60,000 Net income$152,500 Production costs per leaf blower total $20, which consists of $16 in variable production costs and $4 in fixed production costs (based on the 10,000 units produced). Fifteen percent of total selling and administrative expenses are variable. Compute net income under variable costing.
A. $237,500 B. $206,500 C. $246,500 D. $158,500 E. $146,500