The transportation method, when applied to location analysis a. minimizes total fixed costs b. minimizes total production and transportation costs c. maximizes maximizes revenues revenues d. minimizes minimizes the movement movement of goods

The transportation method, when applied to location  analysis a. minimizes total fixed costs b. minimizes total production and transportation costs c. maximizes maximizes revenues revenues d. minimizes minimizes the movement movement of goods
by

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b. minimizes total production and transportation costs
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Under High and Low Point method, the output at two different levels is compared with the amount of __________ incurred at these two points. A. Total fixed costs B. Total costs C. Total fixed costs D. None of the above

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Jane Downe is planning to open an upmarket dress boutique. She is evaluating ease of movement to and from sites, vehicular traffic, types of stores in the area, and transportation networks. Which strategic retailing issue is she concerned with at this time? A)Location B)Product depth C)Product mix D)Scrambled merchandising E)Retail positioning

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Which of these assumptions is not associated with strategies for goods-producing location decisions? a. most major costs can be identified dentified explicitly explicitly for each site b. focus on identifiable identifiable cost c. high customer contact issues are critical d. intangible intangible costs can be evaluated e. location location is a major determinant determinant of cost

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Which of th rather than a manufacturing firm? of the following is most likely to kely to affect the location deci on decision of a service firm a. energy and utility utility costs b. attitude attitude toward unions c. parking and access d. cost of shipping shipping finished finished goods e. labor costs

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Indicate which one of the following would appear on the income statement of both a merchandising company and a service company. a. Gross profit b. Operating expenses c. Sales revenues d. Cost of goods sold

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. Income from operations will always result if a. the cost of goods sold exceeds operating expenses. b. revenues exceed cost of goods sold. c. revenues exceed operating expenses. d. gross profit exceeds operating expenses.

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Last Answer : b. revenues exceed cost of goods sold.

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The transport The transportation method may be used to determine ation method may be used to determine the costs of the costs of alternati alternative strategies for ve strategies for anticipation inventory when which of the following data are available? a)work-force capacity per planning period b)Aggregate demand per planning period c)Beginning inventory d)All of the above

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Last Answer : d)All of the above

Which of the following statements related to Contribution Analysis are ture? A. If contribution is zero, there is loss equal to fixed costs B. If contribution is negative, loss is less than fixed costs C. If contribution is positive and more than fixed cost there will be profit. D. All of the above

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Last Answer : A. If contribution is zero, there is loss equal to fixed costs

Which of the following statements are true? (a) Marginal costing is not an independent system of costing. (b) In marginal costing all elements of cost are divided into fixed and variable components. (c) In marginal costing fixed costs are treated as product cost. (d) Marginal costing is not a technique of cost analysis. A. A and B B. B and C C. A and D D. B and D

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A Unit Price (UP) contract provides: 1. a reimbursement of allowable costs plus a fixed fee which is paid proportionately as the contract progresses 2. a reimbursement of allowable cost of services performed plus an agreed upon percentage of the estimated cost as profit 3. the supplier with a fixed price for delivered performance plus a predetermined fee for superior performance 4. a fixed price where the supplier agrees to furnish goods and services at unit rates and the final price is dependent on the quantities needed to carry out the work.

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Last Answer : 4. a fixed price where the supplier agrees to furnish goods and services at unit rates and the  final price is dependent on the quantities needed to carry out the work

Which of the following is not one of the primary concerns in the Finance Department? a. Acquiring the capital needed for company activities. b. Establishing a dividend policy that maximizes the return to shareholders. c. Setting accounts payable and accounts receivable policies. d. Driving the financial structure of the firm, its relationship between debt and equity. e. Deciding promo and sales budget

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Last Answer : e. Deciding promo and sales budget

Your finance department is primarily concerned with a. acquiring the capital needed for company activities. b. establishing a dividend policy that maximizes the return to shareholders. c. setting credit policies for customers and suppliers. d. profits. e. all of the above.

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Last Answer : e. all of the above.

Which of the following best defines price discrimination? a. charging different prices on the basis of race b. charging different prices for goods with different costs of production c. charging different prices based on cost-of-service differences d. selling a certain product of given quality and cost per unit at different prices to different buyers

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Last Answer : d. selling a certain product of given quality and cost per unit at different prices to different buyers

Which of the following costs would be considered a fixed cost? A. Raw materials. B. Depreciation. C. Bad-debt losses. D. Production labor.

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Last Answer : B. Depreciation.

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Last Answer : (a) 10.1% decrease

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All of the following influence capital budgeting cash flows except . A. choice of depreciation method for tax purposes B. economic length of the project C. projected sales (revenues) for the project

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Description : Product planning tells you: A. Where you will produce your product. B. Cost to produce your product. C. Your Net profit. D. Total revenues.

Last Answer : B. Cost to produce your product.