The standard deduction for single individuals equals one-half of the standard deduction for married individuals filing jointly.

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


True

Business

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A value chain is defined as the flow of materials, information, payments, and services from customer to supplier.

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

Business

Because of its flexibility, ________ are the most common technique of collecting primary data

A) questionnaires B) telephonic interviews C) behavioral research studies D) experimental designs E) focus groups

Business

During March, Department A started 300,000 units of product in a particular production process. The beginning work in process inventory was 50,000 units, and the ending inventory was 40,000 units. Direct materials are introduced at the start of processing, and beginning and ending inventories are considered to be 40 percent complete with respect to conversion costs. Department A uses the FIFO

costing method. Units transferred out during March were a. 310,000. b. 290,000. c. 320,000. d. 350,000.

Business

Based on the following cost data, items labeled (a) and (b) in the table below are which of the following amounts, respectively?        Number of units: 1,500  3,000 Total cost:      Variable$7,500 $15,000 Fixed$6,000 $6,000 Cost per unit:      Variable$5  (a) Fixed$4  (b) 

A. (a) = $5.00; (b) = $4.00 B. (a) = $3.00; (b) = $3.00 C. (a) = $2.50; (b) = $2.00 D. (a) = $5.00; (b) = $2.00

Business