A variable cost remains constant on a per-unit basis as production increases

Indicate whether the statement is true or false


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Business

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Refer to the following data: Net sales, first month $13,000 Normal gross profit as a percentage of sales 45% Inventory, start of period $8,000 Net purchases, first month $7,000 Using the gross profit method of inventory estimation, the amount of normal gross profit would be

a. $5,850. b. $3,600. c. $6,750. d. $15,000.

Business

General style guides are, next to an up-to-date dictionary, ________________________

a. the best resource for writers b. the most basic resource available c. the largest writing resources available d. the most boring resource available

Business

How do lean and Six Sigma differ and how has Lean Six Sigma combined the two concepts?

What will be an ideal response?

Business

Bradley is watching an interesting TV program with a group of friends. During the commercial break, he is unable to concentrate on a commercial for a soda drink because all his friends are discussing the events of the show. In this scenario, Bradley is encountering

A. poor encoding. B. limited response hierarchies. C. selective sourcing. D. inappropriate advertiser binding. E. disturbances known as noise.

Business