Refer to the Shipping Costs for The Allied Motors Company. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints--except the nonnegativity constraints of the decision variables--should be set as an equal to (=) sign in the Excel Solver dialogue.) At the optimum solution, the cost of shipping from Hampton to Newark is approximately ______.
A. $604
B. $795
C. $112
D. $833
C. $112
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Singer and McMann are partners in a business. Singer's original capital was $40,000 and McMann's was $60,000 . They agree to salaries of $12,000 and $18,000 for Singer and McMann, respectively, and 10% interest on original capital. If they agree to share remaining profits and losses on a 3:2 ratio, what will McMann‘s share of the income be if the income for the year is $30,000?
a. $20,000 b. $18,000 c. $18,600 d. $17,400
In regard to outsourcing, the MOST effective way to avoid problems with schedules and deadlines is to add a(n) ________ clause to the contract.
Fill in the blank(s) with the appropriate word(s).
Which of the following is not a business transaction?
a. Securing a loan b. Accumulating interest c. Reducing the price of a product d. A loss from a fire
Which of the following is an example of a period cost for a manufacturing company?
A) advertising expense B) depreciation on factory equipment C) indirect materials D) property taxes for the factory