What is the total fixed cost using variable costing?
A) $800,000
B) $390,000
C) $260,000
D) $560,000
B) $390,000
Explanation: Sale revenue $950,000
- Variable costs 150,000
Contribution margin 800,000
- Operating income 410,000
Fixed costs $390,000
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Capital resulting from the retention of earnings should be entered in an account with an appropriate title such as
a. Retained Earnings. b. Appropriated Retained Earnings. c. Earnings Retained in the Business. d. Capital Stock.
Martine’s boss gave her feedback about an absenteeism problem that was affecting her job performance. Once it was clear that the feedback had not solved the problem, Martine’s boss referred her to the company's employee assistance program. What Martine’s boss is doing is an example of ______.
A. coaching B. motivational training C. management counseling D. leadership
Ellipses consist of three _________________
a. question marks b. commas c. dashes d. periods
Historically, the cost of quality has been
a. immaterial bacause no accounts were developed to detail these amounts. b. included in account balances for items such as Work in Process Inventory and marketing expenses. c. Generally spent in the prevention rather than the appraisal category. d. detailed in various "cost of quality" account balances on the Income Statement.