Consider the Demand for Microwave Ovens dataset. What is the total demand corresponding to random numbers 86, 83, 29, 63, 82, and 35?
a. 14
b. 15
c. 16
d. 17
a. 14
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Explain some of the differences in accounting for operating assets that exist between U.S. GAAP and IFRS
A therapeutic massage service requires its therapists to keep a database on each customer and include in that database what was done on each visit for the customer's aches and pains. Which of the following service characteristics is the massage service trying to cope with?
A. Consumability B. Perishability C. Intangibility D. Inconsistency E. Compatibility
Maintaining high ethical standards on the part of the sales personnel is a critical driver of sales force performance. It affects the firm's capacity to build relationships with customers as well as:
A. Develop a positive work environment for employees. B. The salespersons overall ethical values C. The likelihood to get quickly promoted. D. Guarantee customer's satisfaction with their products. E. None of the above
Bannister Co. is thinking about having one of its products manufactured by a subcontractor. Currently, the cost of manufacturing 1,000 units is: Direct material$45,000 Direct labor 30,000 Factory overhead (30% is variable) 98,000 If Bannister can buy 1,000 units from an outside supplier for $100,000, it should:
A. Make the product because factory overhead is a sunk cost. B. Buy the product because the total incremental costs of manufacturing are greater than $100,000. C. Buy the product because total fixed and variable manufacturing costs are greater than $100,000. D. Make the product because current factory overhead is less than $100,000. E. Make the product because the cost of direct material plus direct labor of manufacturing is less than $100,000.