___________________ effects - the extent to which the place of manufacturing influences product evaluations

Fill in the blank(s) with the appropriate word(s).

Answer: Country of origin

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Owners of a company would prefer use of FIFO costing in a period of declining costs because it would minimize taxes paid.

a. true b. false

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Smart Manufacturing budgeted costs for 50,000 linear feet of block are:

Fixed manufacturing costs $24,000 per month Variable manufacturing costs $16.00 per linear foot Smart installed 40,000 linear feet of block during March. How much is budgeted total manufacturing costs in March? a) $800,000 b) $664,000 c) $640,000 d) $824,000

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