It had been the Campbell Soup Co.'s practice to insert clear glass marbles into the bottom of soup containers used in print advertisements to bring some of the soup's ingredients (e.g., noodles or chicken) to the surface, thus misrepresenting the amount of solid ingredients in the soup. Which agency would monitor such a practice?
A. Food and Drug Administration
B. American Marketing Association
C. Better Business Bureau
D. Federal Trade Commission
E. U.S. Department of Justice
Answer: D
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Outer Limits, Inc. produces fencing units which require two processes, A and B, to complete. The best-selling type of fence is made of PVC. Information related to the 8,000 units of pvc fencing produced annually is shown below.Direct materials$450,000Direct labor? Department A (5,000 DLH x $23 per DLH)$115,000 Department B (4,000 DLH x $25 per DLH)$100,000Machine hours? Department A2,000 MH Department B3,000 MHOuter Limits' total expected overhead costs and related overhead data are shown below. The company uses departmental overhead rates based on machine hours in department A and direct labor hours in department B.?Department ADepartment BDirect labor hours9,000 DLH7,000 DLHMachine hours6,500 MH13,000 MHManufacturing overhead costs $54,600$67,060Determine the total
amount of overhead assigned to each unit of PVC fencing. What will be an ideal response?
If the maximization objective function is evaluated at three corner points of a graphically solved LP problem, and Point A yields a profit of $20,000, Point B yields a profit of $55,000, and point C yields a profit of $41,000, what point produces the optimum solution?
A) The origin B) Point A C) Point B D) Point C E) Cannot be determined
Match each item with the correct statement below.
A. A web-based journal B. Person who supervises company accounting and financial reporting activities C. An online public forum for articles and messages related to a certain topic D. An information network like an intranet but partially available to some outside users E. Software and equipment used to prevent unauthorized access to computers and networks F. The physical parts of a computer or related equipment G. A public location that offers network access through a wireless connection H. Information in electronic documents that is organized with links to information at other locations I. Business costs not directly related to a product or service J. A program that allows the user to link data from two or more tables to create reports K. A program that gives instructions to a computer L. A website to which anyone can add, edit, or delete content
The following partial information is taken from the comparative balance sheet of Levi Corporation:Shareholders' equity12/31/2021 12/31/2020 Common stock, $5 par; 20 million sharesauthorized; 15 million shares issuedand 9 million shares outstanding at 12/31/2021;and ____ million shares issuedand ____ shares outstanding at 12/31/2020.$75 million $45 million Additional paid-in capital on common stock 520 million 392 million Retained earnings 197 million 157 million Treasury common stock, at cost, 6 millionshares at 12/31/2021 and 4 millionshares at 12/31/2020 (72 million) (50 million) Total shareholders' equity$720 million $544 million What was the average price (rounded to the nearest dollar) of the additional shares issued by Levi in 2021?
A. $39 per share. B. $5 per share. C. $26 per share. D. Cannot be determined from the given information.