When the conclusions based upon the aggregated crosstabulation can be completely reversed if we look at the unaggregated data, the occurrence is known as _____
a. reverse correlation
b. inferential statistics
c. Simpson's paradox
d. disaggregation
c
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Firenze Company's fixed budget for the first quarter of the calendar year appears below. Prepare flexible budgets that show variable costs per unit, fixed costs and two different flexible budgets for sales volumes of 22,000 and 24,000.Sales (20,000 units)………………………………?$800,000Cost of goods sold:?? Direct materials………………………………$160,000? Direct labor……………………………………150,000? Variable overhead……………………………100,000? Fixed overhead………………………………… 120,000 530,000 Gross profit……………………………………?$ 270,000Selling expenses: ?? Sales commissions (all variable)……………… 40,000? Advertising (all
fixed)…………………………50,000?General and administrative expenses: ?? Salaries (all fixed)……………………………80,000? Rent (all fixed)…………………………………30,000? Depreciation (all fixed)……………………… 20,000 220,000Net income from operations……………………?$ 50,000 What will be an ideal response?
In business markets, ________ are finished products that organizations use to complete their own products
A) components B) equipment products C) processed materials D) MRO products E) raw materials
Trevor Jones accepted a summer internship with Hailey & Thomas, a management consulting firm. The negotiations and offer were all oral. Hailey & Thomas' managing partner did send a letter with the following language: Welcome to Hailey & Thomas. We are
looking forward to working with you. When you arrive in New York, please call me so that we may help you locate lodging for the summer. Discuss whether Trevor has a contract and if he has sufficient proof of its existence. Also discuss whether the agreement needed to be in writing.
The National Ambient Air Quality Standards:
a. were met for the six basic pollutants by the early 1990s b. are to be established taking into account the economic and feasibility of the pollution controls necessary to be implemented to protect the public health and welfare c. can be postponed by a federal variance for major emitting facilities if the owner can demonstrate that the standards will pose a significant financial burden d. are established by taking into account the public health and welfare taking into account an adequate margin to allow companies to maintain reasonable profits e. none of the other choices