Both economic and noneconomic factors should play an important role in location decisions in supply and value chains

Indicate whether the statement is true or false


T

Business

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Roles within the buying center are socially constructed, which means people define how they will act in the business-to-business purchase process and how they will interact with others

Indicate whether the statement is true or false

Business

The stock market crash of 1929 and the subsequent Great Depression resulted in the beginning of extensive regulation of corporations.

Answer the following statement true (T) or false (F)

Business

County Dentists Clinic offers to buy from Dental & Medical Supplies Company a certain quantity of floss and other items for a certain price. Dental & Medical can ac¬cept the offer by

a. a material alteration of the terms within a reasonable time. b. a promise to ship or a prompt shipment of the goods. c. a prompt shipment of the goods only. d. a shipment of nonconforming goods with a notice of accommodation.

Business

Milar Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateDirect materials 7.7pounds$4.00per poundDirect labor 0.1hours$20.00per hourVariable overhead 0.1hours$4.00per hourIn January the company produced 2,000 units using 16,060 pounds of the direct material and 210 direct labor-hours. During the month, the company purchased 16,900 pounds of the direct material at a cost of $65,910. The actual direct labor cost was $4,473 and the actual variable overhead cost was $756.The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.The variable overhead rate variance for January is:

A. $80 U B. $84 F C. $84 U D. $80 F

Business