Clustering occurs where ______.
a. there is a concentration of critical resources in a particular region
b. population is sparse
c. there are not many consumers
d. government requires production facilities to be located
a. there is a concentration of critical resources in a particular region
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Kelly recognized her old, rusty car had seen its last mile. When she began searching for a new car to replace it, she relied on both ________ sources of information.
A. compensatory and noncompensatory B. biased and unbiased C. internal and external D. psychological and functional E. general and specific
What are ethical issues in contracting? Discuss.
What will be an ideal response?
The following details have been extracted from the budget of a merchandising company
Rent Expense $8,400 per month Depreciation Expense $3,500 per month Insurance Expense $2,000 per month Miscellaneous Expense 2% of sales, paid as incurred Commissions Expense 8% of sales Salaries Expense $6,000 per month Dec Jan Feb March Sales $55,000 $60,000 $75,000 $90,000 Commissions and salaries expenses are paid 50% in the month to which they are incurred and the balance in the next month. Rent and miscellaneous expenses are paid as and when they occur. Insurance is prepaid at the beginning of the quarter. Calculate cash payments for the selling and administrative expenses for the first quarter of the next year. A) $21,100 B) $49,200 C) $70,300 D) $26,200
Kesterson Corporation has provided the following information: Cost per UnitCost per PeriodDirect materials$6.20 Direct labor$3.10 Variable manufacturing overhead$1.35 Fixed manufacturing overhead $14,000Sales commissions$1.50 Variable administrative expense$0.40 Fixed selling and administrative expense $4,500 If the selling price is $21.90 per unit, the contribution margin per unit sold is closest to:
A. $9.35 B. $8.45 C. $12.60 D. $5.65