When a country trades goods and services for other goods and services it is called _____.
Fill in the blank(s) with the appropriate word(s).
Answer: countertrade
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Bebee Corporation currently produces cardboard boxes in an automated process. Expected production per month is 40,000 units, direct-material costs are $0.60 per unit, and manufacturing overhead costs are $18,000 per month. Manufacturing overhead is all fixed costs. What is the flexible budget for 20,000 and 40,000 units, respectively?
A) $21,000; $33,000 B) $21,000; $42,000 C) $30,000; $42,000 D) None of these answers are correct.
Drop shippers do all of the following EXCEPT which one?
A) take title to the merchandise B) take actual possession of the merchandise C) take orders from retailers and industry buyers D) bill retailers and industry buyers E) carry bulk products such as coal or timber