Author: Anonymous

Which of the following graphs in Figure 1 illustrates the behavior of a total fixed cost?

Miller and Sons’ static budget for 9,900 units of production includes $37,100 for direct materials, $45,500 for direct labor, variable utilities of $6,000, and supervisor salaries of $15,500. A flexible budget for 13,300 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations.

Which critical variable determines what information moves from sensory memory to short-term memory?

What type of therapist gives the client strong direction, tells them what they should do, and influences their decisions?

Pedophilia, exhibitionism, voyeurism, and frotteurism represent a class of behaviors that psychologists call

Spice Inc.’s unit selling price is $49, the unit variable costs are $36, fixed costs are $101,000, and current sales are 9,000 units. How much will operating income change if sales increase by 5,900 units?

Which of the following ratios provides a solvency measure that shows the margin of safety of bondholders and also gives an indication of the potential ability of the business to borrow additional funds on a long-term basis?

Zeke Company sells 25,300 units at $17 per unit. Variable costs are $8 per unit, and fixed costs are $37,800. The contribution margin ratio and the unit contribution margin, respectively, are

Which of the following is not true with regard to direct materials for a bakery?

The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Assets Cash and short-term investments $37,046 Accounts receivable (net) 28,014 Inventory 33,142 Property, plant, and equipment 261,564 Total Assets $359,766   Liabilities and Stockholders’ Equity Current liabilities $64,519 Long-term liabilities 89,717 Common stock 141,920 Retained earnings 63,610 Total liabilities and stockholders’ equity $359,766   Income Statement Sales $95,865  Cost of goods sold 38,346  Gross margin $57,519  Operating expenses (22,175) Interest expense (4,793) Net income $30,551    Number of shares of common stock outstanding 6,361 Market price of common stock $29 Total dividends paid $9,000 Cash provided by operations $30,000 What is the return on total assets for Diane Company?