The systems development life cycle (SDLC) is a rare methodology for systems development in many organizations
Indicate whether the statement is true or false
FALSE
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A rise in future consumption spending, everything else remaining unchanged, will cause business investment spending to
A. decline. B. not change. C. rise. D. fall at first, then rise later.
China is selling school supplies in the United States for very low prices, even lower than the prevailing prices in China, and thus making it extremely difficult for American manufacturers to compete. This is referred to as
A. exporting. B. importing. C. an embargo. D. dropping. E. dumping.
The United States Supreme Court generally has held that vertical merger agreements should not automatically be condemned as an unlawful restraint of interstate commerce merely because they create the potential to monopolize it
Indicate whether the statement is true or false
Tustin Corporation has provided the following data for its two most recent years of operation: Selling price per unit$68 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$10Direct labor$6Variable manufacturing overhead$4Fixed manufacturing overhead per year$220,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$6Fixed selling and administrative expense per year$61,000 Year 1Year 2Units in beginning inventory01,000Units produced during the year11,00010,000Units sold during the year10,0007,000Units in ending inventory1,0004,000 The unit product cost under variable costing in Year 1 is closest to:
A. $46.00 B. $40.00 C. $20.00 D. $26.00