Make the necessary allocation to cell 2C and determine the total transportation cost
A) 936
B) 928
C) 908
D) 852
E) 878
Answer: C
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Indicate whether the statement is true or false
What is the big-bang approach?
Regarding the effect of termination of agency on authority, the general rule of the Third Restatement is that:
a. it is reasonable for third parties to assume that an agent's actual authority continues unless and until the third party has notice of circumstances that make it unreasonable to continue that assumption. b. the termination of actual authority automatically terminates any apparent authority held by the agent. c. apparent authority ends only upon actual notice, either oral or written, to the third party. d. apparent authority continues until the third party with whom the agent has previously dealt on credit receives constructive notice of termination.
If the order quantity is greater than the EPQ, then ______.
a. the annual holding costs will be higher than the annual setup costs b. the annual holding costs will be equal to the annual ordering costs c. the annual holding costs will be lower than the annual ordering costs d. the annual holding costs will be twice the annual setup costs