Prudence Company incurs both fixed and variable production costs. Assuming that production is within the relevant range, if volume goes up by 28%, then the total fixed costs would ________
A) increase by 28%
B) remain the same
C) increase by an amount less than 28%
D) decrease by 28%
B
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Rudolf Technologies Inc. decided to enter the automobile service market. Consequently, the company decided to procure the tools and machines needed from a reputable supplier. Rudolf Technologies is facing ________
A) a new task situation B) a modified rebuy situation C) negative competition D) the need to outsource its primary service offering E) the pressure to diversify its market
Who in the organization should be responsible for scanning the environment? What role may consultants play in helping corporations in their environmental scanning activity?
What will be an ideal response?
Machine Corporation requires its employees to have a high school diploma, claiming a definite connection between a high school edu-ca-tion and job performance. In a suit against Machine Corporation under Title VII of the Civil Rights Act, this requirement is shown to have a discriminatory effect. The employer has
a. no defense. b. a bona fide occupational qualification defense. c. a business necessity defense. d. a seniority systems defense.
Munafo Corporation is a specialty component manufacturer with idle capacity. Management would like to use its extra capacity to generate additional profits. A potential customer has offered to buy 6,500 units of component VGI. Each unit of VGI requires 1 unit of material I57 and 5 units of material M97. Data concerning these two materials follow:MaterialUnits in StockOriginal Cost Per UnitCurrent Market Price Per UnitDisposal Value Per UnitI572,400$9.10$9.40$8.95M9733,960$4.70$4.70$3.50Material I57 is in use in many of the company's products and is routinely replenished. Material M97 is no longer used by the company in any of its normal products and existing stocks would not be replenished once they are used up.What would be the relevant cost of the materials, in total, for purposes of
determining a minimum acceptable price for the order for product VGI? A. $174,850 B. $171,925 C. $213,130 D. $213,850