Refer to the Shipping Costs for The Allied Motors Company. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints--except the nonnegativity constraints of the decision variables--should be set as an equal to (=) sign in the Excel Solver dialogue.) At the optimum solution, the cost of shipping from Chattanooga to Newark is approximately ______.
A. $893
B. $432
C. $672
D. $576
D. $576
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A direct channel appears to be better than an indirect channel when after-sale service is important
Indicate whether the statement is true or false
When auditing accounts payable, the auditor would most likely review a sample of cash disbursements throughout the year end to determine whether disbursements for goods and services are applicable to the subsequent year
a. True b. False Indicate whether the statement is true or false
Frame Corporation's Maintenance Department provides services to the company's two operating divisions-the Paints Division and the Stains Division. The variable costs of the Maintenance Department are budgeted based on the number of cases produced by the operating departments. The fixed costs of the Maintenance Department are determined by the number of cases produced by the operating departments during the peak-period. Data appear below: Maintenance Department: Budgeted variable cost$6per caseBudgeted total fixed cost$328,000 Actual total variable cost$254,014 Actual total fixed cost$331,940 Paints Division: Percentage of peak-period capacity required 35%Budgeted cases 12,000 Actual cases 12,010 Stains Division: Percentage of peak-period capacity
required 65%Budgeted cases 29,000 Actual cases 28,960 ?How much actual Maintenance Department cost should not be allocated to the operating divisions at the end of the year? A. $8,194 B. $0 C. $3,940 D. $12,134
Wally owns 200 acres of land. Wally offers to sell the land to Robert for $1,500 per acre. Robert replies that he does not need 200 acres of land but would like to buy 40 acres at $1,500 per acre. Wally agrees to sell but does not identify which 40 acres. Later, Wally refuses to sell any land to Robert. What is the result?
A. Robert wins; this is an enforceable contract with complete and definite terms. B. Robert wins; the UCC will decide which 40 acres are to be sold. C. Wally wins; the original offer was not intended to be an offer but merely an invitation to negotiate. D. Wally wins; this agreement is too indefinite since it does not identify which 40 acres are to be sold.