Which is likely to have the larger effect on the CPI, a 2 percent increase in food or a 3 percent increase in diamond rings?

Troll Corporation sells dolls for $10.00 each in a market that is perfectly competitive. Increasing the number of workers from 100 to 101 would cause output to rise from 500 to 550 dolls per day.

Units produced 1,000 Direct materials $ 6 Direct labor $ 10 Fixed overhead $ 6,000 Variable overhead $ 6 Fixed selling and administrative $ 2,000 Variable selling and administrative $ 2 The total product cost per unit under absorption costing is:

Suppose demand and supply are given by Qd = 60 - P and Qs = 1.0P - 20. Determine the quantity demanded, the quantity supplied, and the magnitude of the shortage if a price ceiling of $30 is imposed in the market.

Whirly Corporation's contribution format income statement for the most recent month is shown below: Total Per Unit Sales (7,000 units) $ 231,000 $ 33.00 Variable expenses 133,000 19.00 Contribution margin 98,000 $ 14.

Preparing an Ending Finished Goods Inventory Budget Andrews Company manufactures a line of office chairs. Each chair takes $14 of direct materials and uses 1.9 direct labor hours at $12 per direct labor hour. The variable overhead rate is $1.

What is an over-zealous speaker?

The amount of fica tax that employers must pay is twice the amount of the fica taxes withheld from their employees. true or false

Joe tells you, "I'm concerned that if a Theo Chocolate manager is doing something unethical, I'm not going to hear about it." He asks, "What can I do to encourage employees to speak up if they see something wrong?" What advice would you give him?

A company determines the cost of goods sold each time A. a sale occurs in a periodic inventory system only. B. a perpetual inventory system only. C. both a periodic and perpetual inventory system. D. neither a periodic nor perpetual inventory system.

Sarah, a manager at Ackles Inc, plays pranks on her subordinates in an attempt to make the workplace livelier. She trusts her subordinates and does not care much about the quality of their work.