Which one of the costs below is NOT a production cost?
A) The wages paid to workers
B) The raw materials for manufacturing products
C) The dividends paid to shareholders
D) The shipping costs that get the product to the customer
Answer: C
Explanation: C) Production costs include, among other items, the wages paid to workers, the raw materials for manufacturing products, the overhead (such as electricity, water, plant space, and so on), and the shipping costs that get the product to the customer.
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A. Exclusive possession B. Periodic tenancy C. Assignment D. Subleasing
Gardner Company expects sales for October of $248,000. Experience suggests that 45% of sales are for cash and 55% are on credit. The company collects 50% of its credit sales in the month of sale and 50% in the month following sale. Budgeted Accounts Receivable on September 30 is $67,000. What is the amount of Accounts Receivable on the October 31 budgeted balance sheet?
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Which of the following is not a barrier to excellent customer service?
a. laziness. b. poor time management. c. insufficient authority. d. ability to handle stress.
In the sentence The highest paid female CEO was Yahoo’s Marissa Meyer, the complement is
(a) female, (b) CEO, (c) Yahoo’s, (d) Marissa Meyer.