If there are 496 machine-hours available per week, how many rockers of each model should Jim Helmer produce to maximize profits?
A) 100 units of Standard and 49 units of Premium
B) 72 units of Standard and 70 units of Premium
C) 100 units of Standard and 70 units of Premium
D) 85 units of Standard and 60 units of Premium
Answer: A
Business
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A journal must include information both for money received and money disbursed. For money received, it must include date of receipt, date of deposit, name of person giving money, name of beneficiary, purpose, and amount.
a. true b. false
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Which of the following is most likely done by managers, when actual costs of a product exceed expected costs?
A) Increase the selling price of the product B) Adjust planning and decision-making strategies C) Increase the sales of the product D) Change the product costing system used
Business