One of the benefits of market research is it reduces the uncertainty under which managers make decisions

A company's master budget for October is to manufacture and sell 30,000 units, for a total sales revenue of $270,000, total variable costs of $180,000, and total fixed costs of $24,000. The company actually manufactured and sold 32,000 units, and generated $45,000 of operating income in October.

The flexible-budget operating income in October, to the nearest dollar, was:

If an employer group plan is contributory, most states require that at least

A) 50% of the eligible employees participate B) 85% of the eligible employees participate C) 65% of the eligible employees participate D) 75% of the eligible employees participate