After an intensive research and development effort, two methods for producing playing cards have been identified by the Turner Company. One method involves using a machine having a fixed cost of $10,000 and variable costs of $1.00 per deck of cards. The other method would use a less expensive machine (fixed cost = $5,000), but it would require greater variable costs ($1.50 per deck of cards). If the selling price per deck of cards will be the same under each method, at what level of output will the two methods produce the same net operating income (EBIT)?

A. 5,000 decks
B. 10,000 decks
C. 15,000 decks
D. 20,000 decks
E. 25,000 decks


Answer: B

Business

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Sustainability holds that:

A. a firm must not prioritize social goals at the expense of economic growth. B. a firm's sustenance is affected by overemphasis on environmental considerations. C. a firm's financial goals must be balanced against environmental considerations. D. a firm must place social considerations below tasks beneficial to its growth.

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Dmitri is an active union member and is highly critical of SignalCorp, his employer. At the same time, Dmitri has a poor work record, consistently falling short of established goals for his position. Because of his union activism, SignalCorp is not able to legally discharge Dmitri.

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

Business

According to the UCC, if no amount of time is specifically stated, a firm offer provided by a merchant must be kept open for a reasonable period of time, up to:

a. one year. b. six months. c. three months. d. sixty days.

Business

One of the following is in its correct indexing order:

a. Hall's Auto Repair, Hall's Alignment & Brake, Hall's Automatic Sprinklers b. Handling & Company, Handling Equipment Corp, Handmade & Company c. Hangil Café, Hangil Motel, Hanging Gardens d. Happiness House, Happiness Hallmark, Happiness, Inc.

Business