Decimals are based on multiples of ____________
a. 2
b. 4
c. 8
d. 10
d
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Time Unlimited makes grandfather clock kits that it sells to hobbyists who then assemble and finish the clocks. The company has the capacity to make 5,000 of the kits, and its current volume is 3,000 kits. The costs of a clock kit are: $300 for unit-level materials, $200 for unit-level labor, and $150 for an allocation of facility-level overhead. The normal selling price is $950. The Clock Builder has received a special order for 600 clock kits at a price of $600 each.Required: Should The Clock Builder accept the special order? Support your answer with appropriate computations.
What will be an ideal response?
Using U.S. GAAP and IFRS requirements for income tax accounting for financial reporting purposes, the accountant computes income tax expense using
a. pretax amounts for financial reporting. b. the amounts on income tax returns. c. the cash outflows for income taxes. d. permanent differences. e. temporary and permanent differences.
The electrical parts salesperson can respond to the fact that she has lost one of her big accounts to a competitor in all of the following ways EXCEPT:
A. treating the former customer like a prospect. B. visiting the customer quickly and find out why she changed to a competitor. C. letting the customer know she appreciated the past business she received. D. telling the customer she can meet future needs. E. being curt and refusing to talk to the customer.
What does Brunsson find is normal in organizations?
a. Cheating b. Lying c. Hypocrisy d. Morality