A bottleneck happens when a key piece of manufacturing machinery can produce 1,000 units per hour and demand for the product supports a production rate of 1,200 units per hour.

a. True

b. False

A local Sports Authority ordered 50 pairs of tennis shoes from Nike Corporation. The shoes were priced at $85 for each pair with the following terms: 4/10, 2/30, n/60. The invoice was dated October 15.

What makes an effective leader?

If the marginal benefit of a good is less than its marginal cost, then the nation should: A. Produce more of that good B. Maintain the current level of production of that good C. Reduce the marginal benefit of that good D.

lear Company reports the following information for its first year of operations: Units produced this year 50,000 unitsUnits sold this year 49,000 unitsDirect materials $7 per unitDirect labor $3 per unitVariable overhead $210,000 in totalFixed

George Corporation had the following transactions occur in the current year: 1. Cash sale of merchandise inventory. 2. Sale of delivery truck at book value. 3. Sale of George Corporation common stock for cash. 4.

Murphy Manufacturing estimated $100,000 in manufacturing overhead and 5,000 direct labor hours for 2016. Actual overhead for the year was $120,000 and 7,500 actual direct labor-hours were used.

Under workers' compensation: a. the employee loses the right to litigation against the employer for covered incidents. b. employee fault controls compensation. c. injuries by fellow employees are not covered. d. none of the above

Many theme parks charge an entrance fee and a per-ride fee equal to zero. This is an example of

Kelton Inc. reported net credit sales of $310,000 for the current year. The unadjusted credit balance in its Allowance for Doubtful Accounts is $525. The company has experienced bad debt losses of 2% of credit sales in prior periods.

Savings: $2,500 Discretionary spending: $450 per month What are the disadvantages of choosing the lease? Check all that apply. I do not have enough money for the down payment. I must make sure not to drive more than 10,000 miles a year.