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Bradley Enterprises has budgeted unit sales as follows: September  3,000 October  5,000 November  6,000 December  6,500 January  5,500 Ending Inventory for each month should be equal to 1,000 units plus 10% of next month’s sales. Total units to be produced for November are:

The comparison of actual outcomes with desired outcomes is an example of a(n):

The selling price per unit is $25, variable cost per unit $15, and fixed cost per unit is $4. When this company operates above the breakeven point, the sale of one more unit will increase net income by $6.

A sunk cost is a relevant cost in a decision making.

An unlevered firm is worth 10,000.  It’s tax rate is 25%.  The required return of the firm’s no debt equity is 10%.  The firm issues 800 of debt to pay a dividend to existing shareholders.  The interest rate on the debt is 5%, the dollar amount of debt is fixed in perpetuity and all interest expense can be used to reduce taxable income.  After the debt is issued and the dividend is paid, what is the value of the levered firm (VL = Debt + Equity).

Employee morale at Lang, Inc., is very high. This type of information is an example of ________.

Did you used to have an imaginary friend?

Which of the following will increase a company’s breakeven point?

Ridgid Octane Tools had the following information: Variance Amount ($) Static-budget labor variance 49,000 (F) Labor efficiency variance 32,000 (F) Volume variance 74,000 (F) Flexible-budget labor variance  25,000 (U)   If the materials price variance is $13,000 unfavorable, what is the direct labor rate variance?

In the cumulative average-time learning model, cumulative average time per unit declines by a constant percentage each time the cumulative quantity of units produced doubles.