Production of the DeLorean car, made famous in the film Back to the Future, never got above 25,000 units during its lifetime. Automobile industry analysts estimate that production of this car needed to reach around 300,000 units to achieve the ________, which refers to a decrease in unit cost as product volume increases.
A. improvement value effect
B. slotting allowance benefit
C. cumulative bundling benefit
D. experience curve effect
E. price fixing return
Answer: D
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A disadvantage of the corporate form of business entity is
a. mutual agency for stockholders b. unlimited liability for stockholders c. corporations are subject to more governmental regulations d. the ease of transfer of ownership
Hayes Inc. provided the following information for the current year:Beginning inventory 100unitsUnits produced 750unitsUnits sold 800unitsSelling price$150/unitDirect materials$35/unitDirect labor$16/unitVariable manufacturing overhead$15/unitFixed manufacturing overhead$24,000/yearVariable selling/administrative costs$8/unitFixed selling/administrative costs$15,500/yearWhat is the unit product cost for the year using variable costing?
A. $98 B. $95 C. $66 D. $74 E. $96
One of the reasons that writing correctly on social media sites is important is that some people regard written communication skills as a subset of interpersonal skills
Indicate whether the statement is true or false.
What is breakdown maintenance?
What will be an ideal response?