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Q: As Plant Controller, you are trying to determine which costs over which you have the most control on a day to day basis. Your goal is to achieve better profitability. The Plant Operations Manager
suggests that overhead is the easiest area to directly reduce costs. Which of the following items would be classified as manufacturing overhead? A. General corporate liability insurance B. Cost of landscaping the corporate office C. The western division’s vice president’s salary D. Factory janitor
A: A. Cost of landscaping the corporate office
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User: As Plant Controller, you are trying to determine which costs over which you have the most control on a day to day basis. Your goal is to achieve better profitability. The Plant Operations Manager suggests that overhead is the easiest area to directly reduce costs. Which of the following items would be classified as manufacturing overhead? A. General corporate liability insurance B. Cost of landscaping the corporate office C. The western division’s vice president’s salary D. Factory janitor

Weegy: A. Cost of landscaping the corporate office
dkecter|Points 120|

User: Multinational corporations __________. A. are U.S. companies that sell goods and services in other countries B. are firms that conduct their operations in more than one country through subsidiaries, divisions, or branches in foreign countries C. are U.S. companies that trade their securities on the exchanges in other countries D. are required to use international accounting standards

Weegy: Multinational corporations are firms that conduct their operations in more than one country through subsidiaries, divisions, or branches in foreign countries.
rachell028|Points 996|

User: Balance sheet accounts are considered to be __________. A. permanent accounts B. capital accounts C. nominal accounts D. temporary stockholders’ accounts

Weegy: Balance sheet accounts are considered D. Nomial accounts.
LLionface|Points 150|

User: What exists when budgeted costs exceed actual results? A. A favorable difference B. An unfavorable difference C. An excess profit D. A budgeting error

Weegy: D. A favorable difference
bdhouston|Points 782|

User: H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers? A. Wine B. Selling either results in the same additional income for the company C. It should sell an equal quantity of both D. Beer

Weegy: D. It should sell an equal quantity of both
uxiali|Points 1401|

User: The standards and rules that are recognized as a general guide for financial reporting are called __________. A. generally accepted accounting principles B. operating guidelines C. standards of financial reporting D. generally accepted accounting standards

User: To move the allocation of resources closer to the social optimum, policymakers should typically try to induce firms in an oligopoly to __________. A. form various degrees of cartels B. compete rather than cooperate with each other C. cooperate rather than compete with each other D. collude with each other

Weegy: To move the allocation of resources closer to the social optimum, policymakers should typically try to induce firms in an oligopoly to C. compete rather than cooperate.
debnjerry|Points 44760|

User: There are two types of markets in which firms face some competition yet are still able to have some control over the prices of their products. The names given to these market structures are __________. A. duopoly and triopoly B. perfect competition and monopolistic competition C. duopoly and imperfect competition D. monopolistic competition and oligopoly

Weegy: C. monopolistic competition and oligopoly
dkecter|Points 120|

User: A rational decision maker __________. A. ignores the likely effects of government policies when he or she makes choices B. takes an action only if the combined benefits of that action and previous actions exceed the combined costs of that action and previous actions C. takes an action only if the marginal benefit of that action exceeds the marginal cost of that action D. ignores marginal changes and focuses instead on “the big picture”



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Asked 3/9/2013 11:20:02 AM
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