A transshipment constraint must contain a variable for every arc entering or leaving the node
Indicate whether the statement is true or false
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Costs that have been incurred in the past but are no longer relevant to decision making are ________
a. discontinued b. differential c. relevant d. sunk
The cost of production of completed and finished goods during the period amounted to $400,000, and the finished products shipped to customers had total production costs of $337,000. From the following, select the entry to record the transfer of costs from finished goods to cost of goods sold
A) Finished Goods 400,000Cost of Goods Sold 400,000 B) Finished Goods 337,000Cost of Goods Sold 337,000 C) Cost of Goods Sold 337,000Finished Goods 337,000 D) Cost of Goods Sold 400,000Finished Goods 400,000
Current assets total $100,000 and current liabilities total $40,000 . The current ratio is:
a. 4:1. b. 1:4. c. 2.5:1. d. 10:1. e. none of the above.
The income statement for Eagle, Inc is divided by its two product lines, blankets and pillows, as follows
Blankets Pillows Total Sales revenue $800,000 $700,000 $1,500,000 Variable costs 450,000 230,000 680,000 Contribution margin 350,000 470,000 820,000 Fixed costs 65,000 85,000 150,000 Operating income (loss) $285,000 $385,000 $670,000 If total fixed costs remain unchanged and Eagle, Inc drops the pillows line, operating income will decrease by $470,000. Indicate whether the statement is true or false