Last year, Stevita Inc shipped 3,000,000 kilograms of goods to customers at a cost of $2,400,000. If an individual customer orders 20,000 kilograms and produces $400,000 of revenue (total revenue is $40 million), the amount of shipping cost assigned to the customer using activity-based costing would be:
A) $16,000
B) $8,000
C) $24,000
D) $4,000
E) $60,000
A
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If the Open-Market Desk at the Fed buys securities when the federal funds rate is below the primary credit discount rate, the most likely effect is that the
A. federal funds rate decreases. B. primary credit discount rate decreases. C. primary credit discount rate increases. D. federal funds rate increases.
Which of the following statements about the principle of insurable interest is (are) true? I. It makes it difficult to measure the amount of an insured's loss. II. It reduces moral hazard
A) I only B) II only C) both I and II D) neither I nor II
For a mark to be protected under federal law, it must be registered with the Patent and Trademark Office
Indicate whether the statement is true or false
Consider the Demand for Microwave Ovens data set. What is the total demand corresponding to random numbers 1, 80, 10, 4, 35, and 62?
A. 8
B. 9
C. 10
D. 11