Hayden, a buyer for a medium-sized company, is assessing the value of competing software products for use in his firm. Which of the following would NOT be a customer benefit considered in his determination of this product's value?
A. Speed of delivery
B. Ease of installation
C. Availability of technical support
D. Availability of training assistance
E. Monetary price
Answer: E
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When using a flexible budget, what occurs to fixed costs (on a per unit basis) as production increases?
a. Fixed costs are not considered in flexible budgeting. b. Fixed costs per unit will decrease. c. Fixed costs per unit will remain unchanged. d. Fixed costs per unit will increase.
Saran Digital, Inc starts the year with $3,500 in its Estimated Warranty Payable account
During the year, there were $213,000 in sales and $4,900 in warranty repair payments. Saran Digital estimates warranty expense at 4% of sales. The Warranty Expense for the year is ________. A) $8,520 B) $4,900 C) $3,500 D) $7,120
Tim, who is a minor, enters into a contract with Violet, who is an adult. Which of the following is correct?
a. Violet may disaffirm the contract at any time. b. Violet may disaffirm the contract when Tim becomes an adult. c. Violet may not disaffirm the contract. d. Tim may ratify the contract at any time during his minority.
What are the Cj values for the basic variables?
Given the following linear programming problem: maximize 4x1 + 3x2 subject to 4x1 + 3x2 ? 23 5x1 - x2 ? 5 x1, x2 ? 0