The U.S. Department of Justice can prosecute violations of all of the antitrust laws.?
Indicate whether the statement is true or false
False
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The sales orientation holds that consumers will not buy enough of a company's products unless the company undertakes advertising and selling efforts
Indicate whether the statement is true or false
Activity-based costing
A. involves using benchmarking techniques to develop cost estimates for the value chain activities of each major rival. B. is a powerful tool for identifying the different pieces of a company's value chain and classifying them as primary activities and support activities. C. is a tool for identifying the activities that cause a company's product to be strongly differentiated from the products of rivals. D. involves determining which value chain activities represent variable costs and which represent fixed costs. E. is an accounting system that assigns a company's expenses to whichever activity in a company's value chain is responsible for creating the cost.
Imagine you are the founder of a company that provides shelter for pets that have neither homes nor owners to return to after a major weather disaster such as a fire, hurricane, or flood. What moral case could you provide to your staff as to why your company should engage in socially responsible actions and environmentally sustainable business practices?
What will be an ideal response?
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price$154?Units in beginning inventory 0?Units produced 2560?Units sold 2230?Units in ending inventory 330?Variable costs per unit: Direct materials$51?Direct labor$24?Variable manufacturing overhead$15?Variable selling and administrative expense$16?Fixed costs: Fixed manufacturing overhead$92,160?Fixed selling and administrative expense$11,150?The total gross margin for the month under absorption costing is:
A. $15,610 B. $96,240 C. $107,040 D. $62,440