Flexible budgeting is utilized to evaluate a cost center's performance
Indicate whether the statement is true or false
True
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Which of the following types of duties would be imposed on a company whose home-country government provides export subsidies?
A) ad valorem duty B) countervailing duty C) antidumping duty D) specific duty E) customs duty
Answer the following statements true (T) or false (F)
1. For the next year, Sullivan & Co. predicts sales of 15,000 units of a product with a contribution margin of $6 per unit and 30,000 units of another product with a contribution margin of $10 per unit. The weighted-average contribution margin per unit is $8.67. 2. A company that sells multiple products will always set sales prices such that all products have the same contribution margin. 3. The Doughboys Pizza Company sells pizzas in two different sizes—medium and large. The two products sell in equal numbers. The contribution margin of a medium pizza is $16, and the contribution margin of a large pizza is $18. The weighted average contribution margin is $17. 4. The Buttercrust Pizza Company sells pizzas in two different sizes—medium and large. The number of medium pizzas sold is twice the number of large pizzas sold. The contribution margin of a medium pizza is $10, and the contribution margin of a large pizza is $22. The weighted average contribution margin is $16.00.
Samsung Mobile plans to launch a new phone with a unit cost of $270 and wants to earn a 10 percent markup on its sales. Samsung's markup price is ________
A) $275 B) $280 C) $295 D) $300 E) $335
Usually firms treat small-percentage distributions, say less than a 25% increase in the number of shares, as stock dividends and larger ones as stock splits
Indicate whether the statement is true or false