130 cost of goods sold 8 - Study guides, Class notes & Summaries

Chapter 03 - Ratios and Proportions Multiple Choice Questions 1. Express the ratio 0.25 : 1.40 : 8.50 in its lowest terms A. 1 : 5.6 : 34 B. 5 : 14 : 85 C. 5 : 28 : 170 D. 2 : 28 : 170 E. 2 : 14 : 85 Difficulty: Easy Learning Objective: 03-01 Set up and manipulate ratios. Topic: 03-02 Reducing a Ratio to its Lowest Terms 2. In 1999, Acme Company's total overhead of $685,000 was allocated as follows: 18% to division A, 42% to division B, and the remainder to division C. What is the ratio...

ACCT 101B FINAL REVIEW – KEY ACCT 101B FINAL REVIEW – KEY   ACCT 101B FINAL REVIEW – KEY CH. 17 An example of a cost which would not be assigned to an overhead cost pool is b. freight-out. A variable cost is a cost that c. varies in total in proportion to changes in the level of activity. A cost which remains constant per unit at various levels of activity is a a. variable cost. A company has total fixed costs of $160,000 and a contribution margin ratio of 20%. The...

CHAPTER 3: DECIMALS 1. Write the word form: .40 a. forty thousandths b. forty hundredths c. forty tenths d. Forty ANSWER: b 2. Write the word form: 41.3 a. forty-one and three thousandths b. forty-one and three hundredths c. forty-one and three d. forty-one and three tenths ANSWER: d 3. Write the word form: 75.6100 a. Seventy-five, six thousand and one hundred ten thousand b. Seventy-five, six thousand and one hundred ten thousandths c. Seventy-five and six thousand one hundred ten th...

Foundations of Operations Management, 4e Cdn. (Ritzman) Chapter 3: (More) Sustainable Supply Chains and Humanitarian Logistics 3.1 End-of-Chapter Problems 1) It is perfectly alright to describe a business as sustainable. Answer: FALSE Diff: 2 Type: TF Reference: More Sustainable Supply Chains 2) No supply chain is sustainable because so many complex interactions may improve social performance. Answer: TRUE Diff: 1 Type: TF Reference: More Sustainable Supply Chains ...

TEST PLANNING TABLE FOR CHAPTER 3 Learning Objective Easy: Knows Basic Terms and Facts Moderate: Understands Concepts and Principles Challenging: Applies Principles 3-1: Discuss business opportunities in the world economy 1, 2, 9, 12, 93, 99, 100 3, 4, 5, 6, 7, 8, 10, 11, 94, 95, 96, 97, 98, 101 102, 103 3-2: Explain the key reasons for international trade 13, 18, 19, 20, 104, 105, 112, 115 15, 16, 17, 21, 22, 23, 106, 108, 114 14, 24, 25, 107, 109, 110, 111, 113, 116, 117, ...

Chapter 03 Test Bank KEY 1. Most of the variations in U.S. population growth have resulted from changes in A. birthrates and net migration. B. birthrates and death rates. C. net migration and death rates. D. birthrates and technological change. AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 1 Easy Learning Objective: 03-01 Describe trends in the population and labor force. Topic: The Population Base 2. Compared to the basic work-leisure choice mo...

Test Bank for Marketing 2016, 18th Edition, William M. Pride, O. C. Ferrell Test Bank for Marketing 2016, 18th Edition, William M. Pride, O. C. Ferrell   1. Suppose you are a marketing manager at Procter & Gamble for a new, all-purpose cleaning product. List four marketing mix variables and describe the decisions and activities associated with each. ANSWER: Marketers consider activities such as product, pricing, distribution, and promotions as the marketing mix because they decide wha...

Chapter 03 Analyzing Financial Statements Multiple Choice Questions 1. Which of the following refer to ratios that measure the relationship between a firm's liquid (or current) assets and its current liabilities? A. cross-section B. internal-growth C. liquidity D. market value 2. Which type of ratio measures the dollars of current assets available to pay each dollar of current liabilities? A. cross-section B. current C. internal-growth D. quick or acid-...

1 / 34 FLORIDA CLAIMS ADJUSTER EXAM QUESTIONS AND ANSWERS 2023 EXAM GRADED A (Over 200 questions and answers 100% verified) 1. Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy.The insurance company will make a payment to: A. The first mortgagee, ABC B.The Insured C. Jointly to ABC and XYZ D. All listed interests: Ans- D. All listed interests Remember that the insurer is not responsible to know...

Chapter 3—Economic Decision Makers MULTIPLE CHOICE 1. Which of the four types of economic decision makers is most important? a. firms, because they produce all goods and services in the economy b. households, because they demand goods and services and supply resources c. government, because it ultimately sets and enforces the "rules of the game" d. government, because it steps in when there is market failure e. the rest of the world, because there are over 150 countries ANS: B PTS: 1...