When a company has a production constraint, total contribution margin will be maximized by emphasizing the products with the highest contribution margin per unit of the constrained resource.

Answer the following statement true (T) or false (F)


True

Business

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Which of the following represents the material equity approach to capital leases?

a. Limit capital leases to leases that are virtually conditional sales agreements with installment payments. b. Capitalize leases where a purchase equivalent has occurred. c. The lease treatment is the same for lessor and lessee. d. Capitalize leases that are not true leases.

Business

Pasha Company produced 50 defective units last month at a unit manufacturing cost of $30. The defective units were discovered before leaving the plant. Pasha can sell them "as is" for $20 or can rework them at a cost of $15 and sell them at the regular price of $50. Which of the following is not relevant to the sell-or-rework decision?

A) $30 manufacturing cost B) $20 selling price of defective units C) $15 for rework D) $50 regular selling price E) all are relevant

Business

Vacation Adventures, Inc., and Wild River Tour Company plan to merge. Most likely, the articles of merger will be filed with

A. the county recording office. B. the local chamber of commerce. C. the state's secretary of state. D. the national travel agents' association.

Business

Good decisiveness, practical application of ideas, and hypothetical deductive reasoning are characteristics of individuals with a(n) ________ learning style.

A. diverger B. accommodator C. converger D. assimilator

Business