Large corporations, such as General Electric or Boeing, as well as consortiums of several large companies use the buyer-side marketplace model

Indicate whether the statement is true or false


True

Business

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The Widner Company manufactures two products: Stainless Serving Spoons and Stainless Serving Forks. The costs and revenues are as follows: Spoons ForksSales price$150  $88 Variable cost per unit 80   42 Total demand for Spoons is 14,000 units and for Forks is 9,000 units. Machine time is a scarce resource. During the year, 54,000 machine hours are available. Spoons require 5 machine hours per unit, while Forks require 3 machine hours per unit.How many units of Spoons and Forks should Widner produce? SpoonsForksA.14,0000B.8,3074,154C.10,8000D.5,4009,000

A. Option A B. Option B C. Option C D. Option D

Business

Use Scenario 2.4 to answer this burning question. For a monthly volume of 3,000 units, which automation approach should be chosen?

A) specialized automation B) general automation C) Either approach is acceptable, because costs are the same for either option at 3,000 units. D) Can't be determined with information given.

Business

Public water systems operators must come as close as possible to meeting the Environmental Protection Agency's standards by using any available technologythat is economically and technologically feasible

Indicate whether the statement is true or false

Business

On December 1, Victoria Company signed a 90-day, 6% note payable, with a face value of $15,000. What is the adjusting entry to record the accrued interest on December 31?

A. Debit Interest Expense, $75; Credit Notes Payable, $75. B. Debit Interest Expense, $150; Credit Interest Payable, $150. C. Debit Interest Expense, $75; Credit Interest Payable, $75. D. Debit Interest Expense, $225; Credit Notes Payable, $225. E. No adjusting entry is required.

Business