?The marketing concept directly affects marketing activities but should have negligible impact on other organizational activities.
Answer the following statement true (T) or false (F)
False
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On January 1, 2015, A-Best Company's balance in retained earnings was $70,000 . At the end of the year, December 31, 2015, the balance in retained earnings was $94,000 . During 2015, the company earned net income of $40,000 . How much were dividends?
a. $16,000 b. $24,000 c. $40,000 d. $64,000
Quail Co can further process Product B to produce Product C. Product B is currently selling for $60 per pound and costs $42 per pound to produce. Product C would sell for $82 per pound and would require an additional cost of $13 per pound to produce. What is the differential revenue of producing and selling Product C?
A) $22 per pound B) $42 per pound C) $45 per pound D) $18 per pound
Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: MoldingFinishingTotalEstimated total machine-hours (MHs) 4,000 1,000 5,000Estimated total fixed manufacturing overhead cost$19,600$2,400$22,000Estimated variable manufacturing overhead cost per MH$1.10$2.10 During the most recent month, the company started and completed two jobs--Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow: Job AJob MDirect materials$13,600$7,500Direct labor cost$20,700$7,400Molding machine-hours 2,700 1,300Finishing machine-hours 400 600 Assume that the company uses a plantwide predetermined manufacturing overhead rate
based on machine-hours and uses a markup of 40% on manufacturing cost to establish selling prices. The calculated selling price for Job A is closest to: A. $20,788 B. $72,758 C. $51,970 D. $80,034
When communicating with people in other countries, it is important to be aware of the multiple definitions of words
Indicate whether the statement is true or false