With JIT manufacturing, which of the following costs would be considered a direct product cost?

a. insurance on the plant
b. utilities used for manufacturing
c. janitors' salaries
d. salary of the plant supervisor


B

Business

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________ research is typically more formal and structured than ________ research

A) Exploratory; conclusive B) Conclusive; exploratory C) Exploratory; descriptive D) Subjective; observational E) Lead; supporting

Business

Fabulous Jewelry Inc. is considering a takeover of its competitor, Cranberry Dream Jewelry LLC. In general, Fabulous should go ahead with the acquisition as long as Cranberry is more valuable as a continued standalone company than it would be inside Fabulous.

Answer the following statement true (T) or false (F)

Business

Use the information in Scenario 2.3. What is the normal time for job element #1?

A) greater than or equal to 3 minutes B) less than 3 minutes but greater than or equal to 2.6 minutes C) less than 2.6 minutes but greater than or equal to 2.2 minutes D) less than 2.2 minutes

Business

If you borrow $50,000 at an annual interest rate of 12% for six years, what is the annual payment (prior to maturity) on a fully amortized loan?

A) $0.00 B) $6,000.00 C) $8,333.33 D) $12,161.29

Business