The process of determining what a product should cost based on its component raw material, manufacturing and overhead costs as well as reasonable profit margin is known as ________.

Fill in the blank(s) with the appropriate word(s).


Answer: should cost modeling

Business

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Which of the following is an example of both oral and written communication?

A. company meetings where reports are presented B. company website C. quarterly financial reports D. briefings

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In 2010, what percent of the population in developed countries was 65 or older?

A. 25 percent B. 12 percent C. 2 percent D. 7.6 percent E. nearly 40 percent

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A population has a mean of 180 and a standard deviation of 36. A sample of 84 observations will be taken. The probability that the sample mean will be between 181 and 185 is

A. 0.2980. B. 0.7020. C. 0.2989. D. 0.7011.

Business

Graham's will leaves $100,000 to his two children, Harry and Ida. When Graham dies, he only has $80,000 to honor his bequests. Harry and Ida each receive $40,000. This is A) a legacy

B) an abatement. C) intestacy. D) a devise.

Business