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WT

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Refer to Figure 9.5.2 above. Now suppose an import quota of 3000 trucks is imposed. If the government wanted to cut off all international trade without changing the quota, it could allow the quota amount of 3000 trucks in at no tariff and then charge a tariff on all imports above the quota amount. What tariff would accomplish the goal?

A) $0
B) $5,000
C) $7,500
D) $10,000
E) $20,000

On Jul 29, 2024


B
WT

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_____________ is the additional output produced by the last worker hired.

On Jul 18, 2024


Marginal output
WT

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Proofreading a résumé is important because a résumé must be perfect.

On Jun 29, 2024


True
WT

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A devil's advocate is

A) a group member that everyone dislikes.
B) a person who intentionally stimulates controversy.
C) a person who smoothes over conflict.
D) a group member who bullies other members into accepting the group consensus.
E) a genuinely evil person.

On Jun 18, 2024


B
WT

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Miguez Corporation makes a product with the following standard costs: Miguez Corporation makes a product with the following standard costs:   The company budgeted for production of 2,600 units in September, but actual production was 2,500 units. The company used 5,440 liters of direct material and 1,680 direct labor-hours to produce this output. The company purchased 5,800 liters of the direct material at $7.20 per liter. The actual direct labor rate was $24.10 per hour and the actual variable overhead rate was $1.90 per hour.The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.The variable overhead rate variance for September is: A)  $175 Favorable B)  $168 Unfavorable C)  $168 Favorable D)  $175 Unfavorable The company budgeted for production of 2,600 units in September, but actual production was 2,500 units. The company used 5,440 liters of direct material and 1,680 direct labor-hours to produce this output. The company purchased 5,800 liters of the direct material at $7.20 per liter. The actual direct labor rate was $24.10 per hour and the actual variable overhead rate was $1.90 per hour.The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.The variable overhead rate variance for September is:

A) $175 Favorable
B) $168 Unfavorable
C) $168 Favorable
D) $175 Unfavorable

On Jun 14, 2024


C
WT

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​If the simplified version costs $2 million and its probability of success is 75%,whereas the cost of the complicated version is $10million,what is the minimum probability of success for the complicated version that would make the firm indifferent between the two software?

A) ​0.3
B) 0.31
C) 0.32
D) ​0.33

On May 15, 2024


B
WT

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Which of the following would be included in the cost of a product manufactured according to absorption costing?

A) advertising expense
B) sales salaries
C) depreciation expense on factory building
D) office supplies costs

On May 15, 2024


C
WT

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Eyasu must create a corporate blog. Which of the following should he use in his blog?

A) Expressive action verbs
B) Numbers, bullets, and subheadings
C) Conversational language
D) Eyasu should use all these techniques in his blog.

On May 09, 2024


D
WT

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Compared to 1960,in 2008 the proportion of retirees living in poverty has fallen from 35 percent to about ________ percent.

A) 5
B) 10
C) 15
D) 20

On May 06, 2024


B