WV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a salary of $106,000 annually and one salaried estimator who is paid $58,000 annually. The corporate office has two office administrative assistants who are paid salaries of $62,000 and $43,000 annually. The president's salary is $171,000. How much of these salaries are common fixed expenses?
A. $171,000
B. $105,000
C. $276,000
D. $368,000
Answer: C
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In balancing the risks and benefits that are part of every ethical decision, managers receive guidance from each of the following except
a. justice b. self interest c. risk minimization d. proportionality
What is the best course of action if you are unsure whether your information is common knowledge?
a. Informally poll your friends. b. Cite the source, just to be safe. c. Check multiple sources for consistency. d. Follow your instincts.
How are a company's organizational capabilities developed and enabled?
A. by urging company personnel to search outside the company for work practices and operating approaches that may be an improvement over what the company is presently doing B. by strengthening the traditions that company executives are committed to maintaining C. by shifting from decentralized to centralized decision-making D. through deployment of a company's resources or some combination of its resources E. by talking openly about the problems of the present company and determining how new behaviors will improve performance
The expression Q* refers to the
a. maximum inventory on hand. b. optimal inventory for a stated period. c. optimal order quantity. d. None of these are correct.