Assume a manufacturing company that has started production in the current year. Which of the following would result in the highest profit being reported if the company has 1,000 units of ending inventory?

A) throughput costing
B) variable costing
C) absorption costing
D) standard costing

Answer: C

Business

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In the insurance planning processes, the blackout period is:

A. The period of time in which a policy can be rescinded due to the applicants intentional or unintentional misstatements on the application. B. The period of time in which the policy is still in force despite non-payment. C. The period of time after the youngest child reaches 16, but before the widow reaches 60, in which the surviving spouse receives no Social Security benefits. D. The period of time in which an employee is not yet eligible to join a group life insurance plan.

Business

You have just completed a cross-tabulation analysis from the data you received on your sales force and customer base. The results suggest that the newest salespeople have the lowest closing ratio of your sales force and the senior salespeople with more than 7 years experience appear to have low new account numbers. From this analysis, you can confidently do the following:

a. Design a training program for senior salespeople. b. Design a training program for junior salespeople on questioning, presentation style, and closing. c. Conduct more needs analysis to identify the causes of the problems. d. Do both a and b above. e. From the data analysis described, I would do nothing to see if the problems fix themselves.

Business