If the NPV is greater than $0, a project should be accepted
Indicate whether the statement is true or false
TRUE
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Bonkowski Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Budgeted selling price per unit$97Budgeted unit sales (all on credit): January 10,000February 12,000March 13,300April 15,200? Raw materials requirement per unit of output 4poundsRaw materials cost$1.00per poundDirect labor requirement per unit of output 2.5direct labor-hoursDirect labor wage rate$23.00per direct labor-hourPredetermined overhead rate (all variable)$9.00per direct labor-hourVariable selling and administrative expense$3.10per unit soldFixed selling and administrative expense$70,000per month?Credit sales are collected: 30% in the month of the sale 70% in the following month?Raw materials
purchases are paid: 30% in the month of purchase 70% in the following month?The ending finished goods inventory should equal 30% of the following month's sales. The ending raw materials inventory should equal 10% of the following month's raw materials production needs.?The estimated finished goods inventory balance at the end of February is closest to: A. $89,775 B. $335,160 C. $281,295 D. $245,385
Which of the following is the final link in the project development chain?
A. distribution B. finance C. human resources D. advertising
Ashton noticed that his company always reacted to destructive behaviors rather than sought to prevent destructive behaviors. This suggests that Ashton is working for which kind of organization?
A. ethically decoupled B. ethically transformed C. missional D. insular
The initial owners of stock of a newly formed corporation are called directors
Indicate whether the statement is true or false