Individuals from London or the United States are likely to touch people they are talking with more frequently than individuals from Paris or Puerto Rico do
Indicate whether the statement is true or false
False
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At the year end inventory count, if goods in transit are shipped FOB shipping point, they should be included in the inventory count of
a. The seller b. The buyer c. Both the seller and the buyer d. Neither the seller no the buyer
Santana Company issued additional shares of common stock. The effect of the transaction is
a. the earnings per share increased b. the debt-to-equity ratio increased c. the earnings per share decreased d. the asset turnover ratio decreased
The overhead rate is equal to the total estimated overhead costs divided by the actual cost driver level
Indicate whether the statement is true or false
A manager must decide on the mix of products to produce for the coming week. Product A requires three minutes per unit for molding, two minutes per unit for painting, and one minute for packing
Product B requires two minutes per unit for molding, four minutes for painting, and three minutes per unit for packing. There will be 600 minutes available for molding, 600 minutes for painting, and 420 minutes for packing. Both products have contributions of $1.50 per unit. a. Algebraically state the objective and constraints of this problem. b. Plot the constraints on the grid below and identify the feasible region.