All liabilities that are not classified as current liabilities are classified as______________

Fill in the blank(s) with correct word


long-term

Business

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Keller Company is evaluating its two divisions, North Division and South Division. Data for the North Division include sales of $250,000, variable costs of $125,000, and fixed costs of $200,000, 50 percent of which are traceable to the division. Data for the South Division include sales of $300,000, variable costs of $175,000, and fixed costs of $225,000, 60 percent of which are traceable to the

division. Divisional income (or segment margin) for South Division is A) $(100,000). B) $(75,000). C) $(10,000). D) $125,000.

Business

A fixed cost is relevant if it is

a. uncontrollable. b. avoidable. c. sunk. d. a product cost.

Business

Which of the following budgets can be used for control?

A) production budget B) cash budget C) budgeted income statement D) selling and administrative expense budget E) all of these

Business

Weekly sales of ten-grain bread at the local organic food market are provided in the table below. Based on these data, forecast week 9 using a five-week moving average

Week Sales 1 415 2 389 3 420 4 382 5 410 6 432 7 405 8 421

Business