The normal application of a p-chart is in

A) process sampling by variables.
B) acceptance sampling by variables.
C) process sampling by attributes.
D) acceptance sampling by attributes.
E) rejection sampling by attributes.

Brong Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for March. When the company prepared its planning budget at the beginning of March, it assumed that 22 containers would have been refurbished. However, 18 containers were actually refurbished during March.The spending variance for "Employee salaries and wages" for March would have been closest to:

A) $3,300 U
B) $3,300 F
C) $300 U
D) $300 F

Related to the Economics in Practice on page 6: According to the Economics in Practice, a majority of the $10 retail value of the Barbie doll

A) is needed to pay for the cost of the Taiwanese plastic used to make the dolls.
B) pays for the Chinese labor used to assemble the doll.
C) is captured in the United States.
D) goes to the Japanese manufacturer of the hair which is used for the dolls.

Uptown Interior Designs is an all equity firm that has 40,000 shares of stock outstanding. The company has decided to borrow $1 million to buy out the shares of a deceased stockholder who holds 2,500 shares. What is the total value of this firm if you ignore taxes?

A) $15.5 million
B) $15.6 million
C) $16.0 million
D) $16.8 million
E) $17.2 million

Diamond Company manufactures two models of cassette recorders: VCH and MTV. Based on the following production data for April, prepare a production budget.

The Code has expanded the rights of good faith purchasers with respect to sales by minors.