The net marketing contribution and marketing and sales expenses of a business are $2 million and $725,000, respectively. Calculate the margin per unit if the business produces 100,000 units
A) 27.2%
B) 13%
C) 31.6%
D) 8.9%
E) 22%
A
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During a period of declining inventory costs, which of the following inventory costing methods should be used by a company that intends to minimize its income tax expenses?
A) first-in, first-out B) last-in, first-out C) weighted-average D) specific identification
Babette Manufacturing produces plastic toys and uses process costing. There are three processing departments—Assembling, Finishing, and Packaging. On January 1, the Finishing Department had 2000 units of partially processed product in production. During January, 31,000 units were transferred in from the Assembling Department and 29,000 units were completed and transferred out. At the end of the month, 4000 units of partially processed products remained in the Finishing Department. The weighted- average method is used. See additional details below.
Finishing Department, ending balance at January 31 Percent completed for materials cost: 94% Percent completed for conversion cost: 70% What was the number of equivalent units for the month of January, with respect to direct materials, for the Finishing Department? A) 32,760 units B) 33,000 units C) 29,000 units D) 3760 units
Noncompete covenants should be amortized over the specified life of the contract
Indicate whether the statement is true or false
Which technology consists of a bright display that sends out visual and, in some cases, audible messages to service desk staff and to customer sites?
A. whiteboards B. dashboards C. simultaneous screen transfers D. instant messaging systems