A subsidiary is a separate legal entity that is owned or controlled by another entity
a. True
b. False
Indicate whether the statement is true or false
True
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Reno is the beneficiary of a life insurance policy on Sula's life obtained from Thicket Insurance Company. The insured of this policy is
A. Reno. B. Sula. C. Thicket. D. the agent or broker through whom the policy was obtained.
A recent study of marketing professionals found their ethical judgments were influenced by several factors. List four of these factors. How do these factors contribute to the ethical environment of a marketing organization?
What will be an ideal response?
Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 4700 units, its average costs per unit are as follows: AverageCost per UnitDirect materials$6.10? Direct labor$3.60? Variable manufacturing overhead$1.70? Fixed manufacturing overhead$3.90? Fixed selling expense$0.75? Fixed administrative expense$0.60? Sales commissions$0.50? Variable administrative expense$0.50? Required:a. For financial reporting purposes, what is the total amount of product costs incurred to make 4700 units?b. For financial reporting purposes, what is the total amount of period costs incurred to sell 4700 units?c. If 5700 units are sold, what is the variable cost per unit sold? (Round "Per unit" answer to 2 decimal places.)d. If 5700
units are sold, what is the total amount of variable costs related to the units sold?e. If 5700 units are produced, what is the average fixed manufacturing cost per unit produced? (Round "Per unit" answer to 2 decimal places.)f. If 5700 units are produced, what is the total amount of fixed manufacturing cost incurred?g. If 5700 units are produced, what is the total amount of manufacturing overhead cost incurred? What is this total amount expressed on a per unit basis? (Round "Per unit" answer to 2 decimal places.)h. If the selling price is $23.60 per unit, what is the contribution margin per unit sold? (Round "Per unit" answer to 2 decimal places.)i. If 3700 units are produced, what is the total amount of direct manufacturing cost incurred?j. If 3700 units are produced, what is the total amount of indirect manufacturing cost incurred?k. What incremental manufacturing cost will the company incur if it increases production from 4700 to 4701 units? (Round "Per unit" answer to 2 decimal places.)a.Total product cost?b.Total period cost?c.Variable cost per unit sold?d.Total variable costs?e.Average fixed manufacturing cost per unit?f.Total fixed manufacturing overhead cost?g.Total manufacturing overhead cost??Manufacturing overhead per unit?h.Contribution margin per unit?i.Total direct manufacturing cost?j.Total indirect manufacturing cost?k.Incremental manufacturing cost? What will be an ideal response?
________ are the best hope for social progress in developing countries.
a. Educational institutions b. For-profit firms c. Healthcare institutions d. Transportation infrastructure improvements