Which of the following is a "qualifying event" under the FMLA?
a. birth of a child
b. death of a parent
c. serious health condition of an employee's grandparent
d. all of the above
e. none of the above
A
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While in the supermarket, you notice the label on a jar of Heinz pickle relish is marked, "30 cents off regular price." This is an example of a ________ discount.
A. trade B. cash C. loyalty D. noncumulative quantity E. consumer
Generalware, Inc. sells a single product and reports the following results from sales of 100,000 units: Sales ($45 unit) …………..…………….…$4,500,000Less costs and expenses:Direct materials ($16/unit)………….…$1,600,000Direct labor ($9/unit)…………….….… 900,000Variable overhead ($3/unit)…….…….. 300,000Fixed overhead ($8.10/unit)…….......... 810,000Variable administrative ($4.50/unit)…. 450,000Fixed administrative ($4/unit)………... 400,000Total costs and expenses……………... $(4,460,000)Operating income…………………………$ 40,000A foreign buyer wants to purchase 15,000 units. However, they are willing to pay only $36 per unit for this one-time order. They also
agree to pay all freight costs. To fill the order, Generalware will incur normal production costs. Total fixed overhead will have to be increased by $60,000 to pay for equipment rentals and insurance. No additional administrative costs (variable or fixed) will be incurred in association with this special order.Required:(1) Should Generalware accept the order if it does not affect regular sales? Explain.(2) Assume that Generalware can accept the special order only by giving up 5,000 units of its normal sales. Should the company accept the special order under these circumstances? What will be an ideal response?
Jamba Juice offers its customers a stamp card that allows them to receive a free smoothie after they have filled an entire card. This is an example of a
A. free sample. B. rebate. C. frequent-user incentive. D. premium. E. consumer contest.
When obtaining a mortgage you should
A) apply for the maximum amount you can afford, since the house will be an appreciating asset. B) let a real estate agent or some other expert choose the type and length of mortgage you will need. C) maintain some funds for liquidity purposes to cover unanticipated bills. D) be very conservative and apply only for a mortgage amount you can pay off within 10 years.