With the contribution-margin approach to marketing cost analysis,
A. common costs that are hard to allocate are ignored.
B. all costs are allocated to products, customers, or other categories.
C. variable costs are treated as common costs.
D. fixed costs are allocated based on the profit contribution to the firm.
E. None of these answers is correct.
Answer: A
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Some of the negative effects of passion can be:
a. failure to heed warning signs b. failure to hear negative feedback c. failure to see other opportunities d. all of these
Dorian, a calendar year corporation, purchased $1,568,000 of equipment on May 3. This was Dorian's only purchase of depreciable property for the year. If the equipment has a 10-year recovery period, refer to Table 7.2 and compute Dorian's first and second-year MACRS depreciation. (Disregard the Section 179 deduction and bonus depreciation in making your calculation.)
A. First year $156,800; second year $245,016 B. First year $156,800; second year $282,240 C. First year $78,400; second year $282,240 D. None of the above
The value of the coefficient of correlation (r)
A. can be equal to the value of the coefficient of determination (r2). B. can never be equal to the value of the coefficient of determination (r2). C. is always smaller than the value of the coefficient of determination (r2). D. is always larger than the value of the coefficient of determination (r2).
When preparing the operating activities section of the statement of cash flows using the direct method, a gain or loss from selling equipment is reported in the operating activities section of the statement of cash flows.
Answer the following statement true (T) or false (F)