The acronym EFT stands for electronic funds transfer
Indicate whether the statement is true or false
T
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The Engine Division of Magnificent Motor Corporation uses 5,000 carburetors per month in its production of automotive engines. It presently buys all of the carburetors it needs from two outside suppliers at an average cost of $100 . The Carburetor Division of Magnificent Motor Corporation manufactures the exact type of carburetor that the Engine Division requires. The Carburetor Division is
presently operating at its capacity of 15,000 units per month and sells all of its output to a foreign car manufacturer at $106 per unit. Its cost structure (on 15,000 units) is: Variable production costs $70 Variable selling costs 10 All fixed costs 10 Assume that the Carburetor Division would not incur any variable selling costs on units that are transferred internally. Refer to Magnificent Motor Corporation. What is the minimum of the transfer price range for a transfer between the two divisions? a. $96 b. $90 c. $70 d. $106
The words "accept" and "except" are _____
A. antonyms B. derivative adjectives C. pseudo-homonyms D. participial adjectives
For each, indicate the appropriate match by writing the correct number in the box:
Periodic review systems are ______.
a. characterized by a continuous physical count of inventory b. best suited for businesses that sell low-volume products c. also known as seasonal review systems d. used extensively in the service industry