Ordering cost refers to the expense of placing an order and
a. includes the cost of capital.
b. relates to the material management concept.
c. does not include the cost of the product.
d. not receiving it.
c
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Which of the four levels of the cost hierarchy would be used by a dress manufacturer using an activity-based management to design a pattern for a new dress style?
A) Unit-level activity B) Batch-level activity C) Product-level activity D) Facility-level activity
The legislative branch of the U.S. federal government is ________
A) monocameral B) bicameral C) tricameral D) polycameral
Martin Company purchases a machine at the beginning of the year at a cost of $66,000. The machine is depreciated using the double-declining-balance method. The machine's useful life is estimated to be 4 years with a $5500 salvage value. The machine's book value at the end of year 3 is:
A. $49,500. B. $8250. C. $33,000. D. $7563. E. $57,750.
BurgerBoy Restaurant Corporation allows its trademark to be used as part of a domain name for BurgerBoyNY, Inc, an unaffiliated company. BurgerBoyNY does not obtain ownership rights in the mark. This is
a. goodwill. b. fair use. c. a license. d. a safe harbor.