When using an ABC inventory analysis, the inventory items that make up approximately
________ percent but account for approximately ________ percent of total costs are classified as B
items.
A) 10-15; 75 B) 10-15; 10-15 C) 75-80; 10-15 D) 75-80; 75-80
B
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Place utility refers to the availability of a product or service when desired by a customer
Indicate whether the statement is true or false
A ______ is a personal or organizational effort to promote health and well-being.
What will be an ideal response?
In the manufacture of 10,000 units of a product, direct materials cost incurred was $145,800, direct labor cost incurred was $82,000, and applied factory overhead was $45,500. What is the total conversion cost?
A) $127,500 B) $145,800 C) $272,200 D) $273,300
Sashacontracts to buy a franchise from TrustMe Financial Consultants Inc The contract is silent on the issue of territorial rights. When TrustMe allows a competing franchise to be established near Sasha'soffice, she suffers a significant loss in profits. This is most likely a violation of
a. no law. b. the ban on certain types of anticompetitive agreements. c. the Federal Trade Commission's Franchise Rule. d. the implied covenant of good faith and fair dealing.