The amount added tot he cost of an item to cover the operating expenses and profit. it is the difference between the cost and the selling price. ? It can be called markup, or sometimes the margin. ? ?
Indicate whether the statement is true or false
True
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The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions: Restin, Inc.Los Angeles DivisionBay Area Division Central Valley DivisionRevenues$750,000 $200,000 $235,000 $325,000 Variable operating expenses 410,000 110,000 120,000 180,000 Controllable fixed expenses 120,000 65,000 75,000 70,000 Noncontrollable fixed expenses 60,000 15,000 20,000 25,000 In addition, the company incurred common fixed costs of $18,000.Assuming use of a responsibility accounting system, which of the following amounts should be used to evaluate the performance of the Los Angeles division manager?
A. $10,000. B. $25,000. C. $8,000. D. $4,000. E. $90,000.
________ are Web applications that can help online shoppers find what they are looking for at the lowest available price
A) Shopbots B) Heuristics C) Search engine optimizers D) Search engine marketers E) Behavioral targeters
A turnkey project includes
A. plant design and technology supply. B. construction up to but not including trial runs. C. direct selling. D. government training.
MBP Company has 10,000 shares of $10 par preferred stock, which were issued at par. It also has 250,000 shares of common stock outstanding, and its total stockholders' equity equals $4,000,000. The book value per common share is:
A. $16.00. B. $40.00. C. $10.00. D. $15.60. E. $16.67.