Perkey Corporation has provided the following information: Cost per UnitCost per PeriodDirect materials$5.00 Direct labor$2.90 Variable manufacturing overhead$1.25 Fixed manufacturing overhead $21,000 Sales commissions$1.00 Variable administrative expense$0.55 Fixed selling and administrative expense $7,500 If 4,000 units are produced, the total amount of direct manufacturing cost incurred is closest to:
A. $36,600.
B. $35,600.
C. $53,400.
D. $31,600.
Answer: D
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If the indirect method is used, each of the following is a proper adjustment to net income to arrive at net cash flows from operating activities except
a. deducting a decrease in Prepaid Expenses. b. adding an increase in Salaries Payable. c. deducting an increase in Accounts Receivable. d. adding a decrease in Inventory.
Which of the listed choices is NOT a positioning task?
A) identifying a set of possible competitive advantages B) surveying frequent uses of the product C) analyzing competitors' positions D) finalizing the marketing mix E) evaluating responses to the marketing mix
Short and simple words
A) should be used at all times to avoid dangling expressions. B) are less likely than long, complex words to be misused or misunderstood. C) are more effective if used in moderation. D) contribute to an overly conversational tone. E) are appropriate as supplements for clichés and jargon.
Over the past several decades
A) the life cycle of products has increased. B) most firms have become more vertically integrated. C) the number of owners per supply chain has increased. D) product variety has decreased.