Moderate vertical differentiation, high horizontal differentiation, and high formalization are characteristics of an organization that indulges in ________.
A. small-batch production
B. mass production
C. unit production
D. process production
Answer: B
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The following budget information is available for Crescent Company for January Year 2: Sales$800,000 Cost of goods sold 540,000 Utilities expense 2,500 Administrative salaries 100,000 Sales commissions 5% of SalesAdvertising 20,000 Depreciation on store equipment 50,000 Rent on administration building 60,000 Miscellaneous administrative expenses 10,000 Percentage of sales on credit 80% All operating expenses are paid in cash in the month incurred. The amount of expected cash outflow for selling and administrative expenses would be:
A. $232,500. B. $247,500. C. $312,500. D. $262,500.
The alternative evaluation stage clarifies the problem for the consumer by ________, yielding brand names that might meet the criteria, and developing the consumer value perception that each alternative presents.
A. selecting the type of purchase outlet B. establishing a purchase timeline C. evaluating particular products D. suggesting criteria to use for the purchase E. minimizing cognitive dissonance
Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $87,000. The machine's useful life is estimated to be 5 years, or 400,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 84,500 units of product. Determine the machines' second year depreciation under the double-declining-balance method.
A. $16,000. B. $20,880. C. $17,400. D. $18,379. E. $16,900.
Johnson makes out a promissory note payable to Edwards. This first transfer of the note to Edwards is called
a. an issue. b. an indorsement. c. an illegal transfer. d. either an issue or an indorsement.