Items that are considered end items that go directly to a customer are considered to have what kind of demand?
A) Independent
B) Dependent
C) Aggregate
D) Correlated
E) Intermittent
A
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When the assumption of equally likely outcomes is used to assign probability values, the method used to assign probabilities is referred to as the _____ method.
A. relative frequency B. subjective C. probability D. classical
A firm acquires a car for company business. The car costs $12,000, has a useful life of 5 years, and a salvage value of $2,000 . The straight-line method of depreciation is used. What is the gain or loss on retirement if the car is sold for $5,000 after three years of use?
a. a gain of $200 b. a loss of $1,000 c. a gain of $1,000 d. a loss of $200 e. a loss of $800
While a differentiated marketing strategy allows a firm to diversify, a major difficulty associated with differentiated marketing is _____
a. the need to create and maintain distinct images b. that a market segment may be cluttered c. that competition is increased d. that one market plan may not adequately cover both segments
Lowden Company has a predetermined overhead rate of 160% and allocates overhead based on direct material cost. During the current period, direct labor cost is $50,000 and direct materials cost is $80,000. How much overhead cost should Lowden Company should apply in the current period?
A. $208,000. B. $31,250. C. $128,000. D. $50,000. E. $80,000.