When Hunter Ceiling Fans buys electrical wire for use in producing its ceiling fans, Hunter is part of what type of market for electrical wire?
A. Resale
B. Wholesale
C. Customer
D. Consumer
E. Business
Answer: E
You might also like to view...
The ABC classification method classifies inventory based on ______.
A. unit value B. amount of safety stock needed C. product quality D. quantity demanded
Zackery Woodworking Corporation produces fine cabinets. The company uses a job-order costing system in which its predetermined overhead rate is based on capacity. The capacity of the factory is determined by the capacity of its constraint, which is an automated lathe. Additional information is provided below for the most recent month: Estimates at the beginning of the month: Estimated total fixed manufacturing overhead$7,452 Capacity of the lathe 230hoursActual results: Actual total fixed manufacturing overhead$7,452 Actual hours of lathe use 180hours The cost of unused capacity that would be reported as a period expense on the income statement prepared for internal management purposes would be closest to:
A. $2,448 B. $296 C. $1,620 D. $0
[The following information applies to the questions displayed below.] Red and White Company reported the following monthly data:Units produced 2,000unitsSales price$25per unitDirect materials$1per unitDirect labor$2per unitVariable overhead$3per unitFixed overhead$8,000in totalWhat is Red and White's net income under absorption costing if 980 units are sold and selling and administrative expenses are $12,000?
A. $(1,380) B. $10,620 C. $(2,000) D. $2,700 E. $6,620
Answer the following statement(s) true (T) or false (F)1.
1. Almost every business today has some form of information technology at its core. 2. A computer modem is a special type of software. 3. An Internet browser is a type of software. 4. Data can include both numerical and verbal facts. 5. Data includes only numerical facts.