In a statement of retained earnings, decreases in retained earnings result from ________
A) issuance of stock
B) net losses
C) net income
D) revenues earned
B
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Rather than buy 10 copies of a software package for his 10 employees, Zachary decides to just make 10 copies of the software he bought for his own use. He realizes that this is illegal and that technically he should buy the 10 copies. However, Zachary believes making copies does not harm anyone and saves him a lot of money. It appears Zachary’s justification for his unethical behavior is ______.
A. everyone else does it B. I did it for the good of others or the company C. I was only following orders D. disregard or distortion of consequences
The decision maker may enforce the continuous value for decision variables in order to calculate the percentage of customers to be reached in a given RFM group
a. True b. False
What is the main reason customers are attracted to direct cross-subsidies?
a. they get two products for the price of one b. it eliminates the upfront cost of a product or service c. it is the most cost-effective model d. they rarely calculate the true costs
Quamma Corporation makes a product that has the following costs: Per UnitPer YearDirect materials$18.40 Direct labor$17.30 Variable manufacturing overhead$2.10 Fixed manufacturing overhead $285,200 Variable selling and administrative expenses$3.40 Fixed selling and administrative expenses $473,800 ?The company uses the absorption costing approach to cost-plus pricing as described in the text. The pricing calculations are based on budgeted production and sales of 23,000 units per year.?The company has invested $280,000 in this product and expects a return on investment of 8%.Required:a. Compute the markup on absorption cost.b. Compute the selling price of the product using the absorption costing approach.
What will be an ideal response?