In many respects, today's schools, when viewed as an example of a formal organization, are similar to factories, hospitals, and business firms.

a. True

b. False

The government uses the revenue from taxes to pay for goods and services for the community. True False

Airbolt Avionics makes aircraft instrumentation. Their basic navigation radio requires $ 120 in variable costs and requires $ 3 comma 000 per month in fixed costs.

Which calculates opportunity cost? A. Finding the value of the best option that is not chosen B. Calculating the cost of time energy and sacrifice C. Subtracting all cost from the total benefit D. Adding the value of all lost opportunities

Patrick Inc. sells industrial solvents in 5-gallon drums. Patrick expects the following units to be sold in the first three months of the coming year: January 41,000 February 38,000 March 50,000 The average price for a drum is $35.

Foley Distribution ServiceFoley Distribution Service paid $ 210 comma 000$210,000 for a group purchase of land, building, and equipment.

Cowpoke Partners is the investment adviser to the Western Vistas family of funds, the firm's sole advisory client. The Western Vistas family currently has $18 million under management.

Assume a company had the following production costs: Direct labor $ 2 per unit Direct material $ 3 per unit Variable overhead $ 4 per unit Total variable $ 9 per unit Fixed overhead ($50,000/10,000 units) $ 5 per unit Total production cost $ 14 per

You look up the phone number of the new pizza hut and repeat the number silently in your head until you find a pad of paper to write it down. the process of actively repeating the number is called

This simply means a general agreement: a. Consignment c. Conscription b. Consensus d. Continuity

Building a specific, unique product for one customer is called processing true or false