Total cost to produce is the sum of expenses incurred regardless of output plus the variable cost per unit of business activity multiplied by ________
Fill in the blank with the appropriate word.
Answer: amount of business activity, output
You might also like to view...
Each week your supervisor holds a meeting to which he invites you and all the other employees to give feedback regarding current projects. According to path-goal theory, which behavior best describes your supervisor?
A. supportive B. directive C. participative D. achievement oriented
If public relations practitioners expect to receive support from management for a proposed program, they should expect to share which of the following?
A) their intuition about the desired market segment B) their instincts about the likes and dislikes of a target audience C) their data that helps pinpoint which messages are most effective with targeted audiences D) their positive attitude indicating a proposed message strategy will work
For a growing number of customers, short-term savings that result from low prices are more important than long-term value
Indicate whether the statement is true or false
The following items were reported on the balance sheets and income statement for Transformer Inc, a service company: Accrued liabilities, December 31, 2011 $ 92,000 Accrued liabilities, December 31, 2012 55,000 Operating expenses--2012 200,000 What amount would be reported in the operating activities section of Transformer's statement of cash flows for payments for operating expenses under the
direct method? A) $237,000 B) $163,000 C) $200,000 D) $292,000