CI
Cornysia Island
Answers (8)
CI
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Manter Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During June, the company budgeted for 6,900 units, but its actual level of activity was 6,940 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for June:Data used in budgeting: 
Actual results for June:
The spending variance for direct materials in June would be closest to:
A) $524 F
B) $20 F
C) $20 U
D) $524 U
Actual results for June: The spending variance for direct materials in June would be closest to:A) $524 F
B) $20 F
C) $20 U
D) $524 U
On Jul 31, 2024
B
CI
Answered
A ________________ is an instrument that is due and payable immediately upon receipt.
A) Commercial draft.
B) Time draft.
C) Banker's acceptance.
D) Sight draft.
E) Trade acceptance.
A) Commercial draft.
B) Time draft.
C) Banker's acceptance.
D) Sight draft.
E) Trade acceptance.
On Jul 28, 2024
D
CI
Answered
Which of the following statements is true? Agency agreements
A) may only be terminated by notice given, or by the death, insanity, bankruptcy of either principal or agent.
B) are agreements of utmost good faith on the part of the agent.
C) if arising other than through operation of law or by necessity, must be in writing to be valid.
D) would not include, by definition, Powers of Attorney.
A) may only be terminated by notice given, or by the death, insanity, bankruptcy of either principal or agent.
B) are agreements of utmost good faith on the part of the agent.
C) if arising other than through operation of law or by necessity, must be in writing to be valid.
D) would not include, by definition, Powers of Attorney.
On Jul 01, 2024
B
CI
Answered
Most of the hazards that workers face are unknown and not visible.
On Jun 28, 2024
True
CI
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______ are private partnerships of a small number of wealthy investors, are often subject to lock-up periods, and are allowed to pursue a wide range of investment activities.
A) Hedge funds
B) Closed-end funds
C) REITs
D) Mutual funds
A) Hedge funds
B) Closed-end funds
C) REITs
D) Mutual funds
On Jun 01, 2024
A
CI
Answered
________ occurs when particular individuals exert influence on the goal achievement of others in an organizational context.
On May 29, 2024
Leadership
CI
Answered
Ron owns an automotive repair center. Ron provides high quality automotive repair. The market price for high quality service is $225 while the market price for standard service is $150. Currently, Ron only has a reputation for providing standard service. Ron's marginal cost function of providing high quality service is: 
Ron's marginal cost function of providing standard service is: 
Butch's Marketing has told Ron that if he hires Butch's firm to advertise and market Ron's high quality services, consumers will pay him the high quality service market price providing he delivers that quality. What is the most amount of money Ron is willing to pay for Butch's services?
Ron's marginal cost function of providing standard service is: Butch's Marketing has told Ron that if he hires Butch's firm to advertise and market Ron's high quality services, consumers will pay him the high quality service market price providing he delivers that quality. What is the most amount of money Ron is willing to pay for Butch's services?On Apr 29, 2024
If Ron can sell his high quality service at high quality prices, his profit maximizing output level is: 
Producer surplus in the high quality market is: 
If Ron sells standard service at standard prices, his profit maximizing level of output is: 
Producer surplus in the standard quality market is: 
Ron is unwilling to pay for Butch's marketing services because he makes a larger profit in the standard service market.
Producer surplus in the high quality market is: If Ron sells standard service at standard prices, his profit maximizing level of output is: Producer surplus in the standard quality market is: Ron is unwilling to pay for Butch's marketing services because he makes a larger profit in the standard service market.