The rate of capacity utilization that minimizes average product cost is known as ________.
Fill in the blank(s) with the appropriate word(s).
Answer: best operating level
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Of the three reasons in understanding human behavior, which one is of the greatest interest to a practicing manager?
A. predict B. influence C. explain D. guidance
A sales forecast is most likely to be based on which of the following?
A) the company's variable costs B) the company's growth rate C) the company's break-even point D) the company's marketing expenses E) the company's fixed costs
The following information is available for Bosch Company for the month of May.a. On May 31, after all transactions have been recorded, the balance in the company's Cash account has a balance of $6,322.b. The company's bank statement shows a balance on July of $6,450.c. Outstanding checks total $63.d. A $47 NSF check from a customer, T. Shannon is shown on the bank statement but not yet recorded by Bosch Company.e. A deposit placed in the bank's night depository on May 31 totaling $275 did not appear on the bank statement.f. Bank fees for check printing of $45 are not yet recorded by Bosch Company.g. A note receivable for $432 is collected by the bank for Bosch Company, but it not yet recorded by Bosch Company.Prepare the May bank reconciliation for the Bosch Company.
What will be an ideal response?
Sparrow Corporation The items listed below were identified while preparing a bank reconciliation for the checking account of Sparrow Corporation as of March 31, 2012. Sparrow's balance according to the general ledger ? Bank statement balance $18,500 Outstanding checks 2,700 A customer's NSF check returned by the bank 350 Bank service charges 100 Deposits in transit 1,000 Interest earned on the
checking account 60 Refer to the information presented for Sparrow Corporation. How will the deposits in transit be handled within a bank reconciliation? A) Add to the balance from the company records B) Subtract from the balance from the company records C) Add to the bank statement balance D) Subtract from the bank statement balance