Markov analysis does not provide a recommended decision
Indicate whether this statement is true or false.
Answer: TRUE
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Tex's Manufacturing Company can make 100 units of a necessary component part with the following costs:
Direct Materials $120,000 Direct Labor 25,000 Variable Overhead 45,000 Fixed Overhead 30,000 If Tex's Manufacturing Company purchases the component externally, $20,000 of the fixed costs can be avoided. At what external price for the 100 units is the company indifferent between making or buying? a) $200,000 b) $210,000 c) $220,000 d) $190,000
The Rumford Fair Housing Act is a state law in California that prohibits discrimination in supplying housing accommodations. All of the following statements are true regarding the Rumford act, except:
a. Anyone who sells, rent, leases, or arranges financing for housing must comply with the law. b. The Rumford act applies to selling houses and businesses. c. The Rumford act applies only to houses. d. The Rumford act, being forced against businesses and individuals.