The constant-growth model uses the market price as a reflection of the expected risk-return preference of investors in the market place
Indicate whether the statement is true or false
TRUE
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Powers, Inc manufactures two kinds of bags—totes and satchels
The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $25,750. Additional estimated information is given below. Totes Satchels Direct materials cost per unit $31 $45 Direct labor cost per unit $52 $65 Number of units 500 350 Calculate the amount of overhead to be allocated to Satchels, if the actual units produced and direct labor costs equal the estimated amounts. (Round any percentages to two decimal places and your final answer to the nearest dollar.) A) $495 B) $13,733 C) $12,017 D) $22,750
The objective of layout strategy is to:
A) minimize cost. B) develop an effective and efficient layout that will meet the firm's competitive requirements. C) maximize flexibility. D) minimize space used. E) maximize worker satisfaction.