Multiple Choice Questions
1. Oil Corporation has the following financial perspective of profitability for the current month:
Revenues $10,000
Cost of Goods Sold -2
Direct Materials (Variable) $1,000
Direct Labor (Variable) $1,000
Variable Overhead $500
Fixed Overhead $1,500
Gross Margin $6,000
Variable Operating Expenses $1,000
Fixed Operating Expenses $3,000
Profit $2,000
Letty, a manager at Oil Corp., has decided to adopt a managerial perspective of profitability.
Using the provided information, which of the following statements are true about the managerial perspective? (Check all that apply.)
- Total variable costs will be $3,500.
- Gross margin will be $6,500.
- Contribution margin will be $6,500.
- Profit will be $2,000
2. Which of the following are true statements regarding the development of the break-even point formula? (Check all that apply.)
- Variable costs are reflected in the equation as a total.
- Revenues are reflected in the equation as a total.
- Fixed costs are reflected in the equation as a total.
- Profit is assumed to be zero.
- Contribution margin is reflected in the equation on a per-unit basis.
3. Jonas Company has the following information related to its manufacturing and selling of decorative vases.
Current selling price, per unit – $8.00
Direct materials, per unit – $3.00
Direct labor, per unit – $1.50
Variable manufacturing overhead, per unit – $1.00
Variable operating expense – $1.25
Fixed manufacturing overhead – $750,000
Fixed operating expenses – $400,000
What is the Jonas Company’s break-even point for decorative vases?
(Choose one)
- 120,000 vases
- 600,000 vases
- 920,000 vases
- 300,000 vases
4. Beloit Corporation has the following information related to its manufacturing and selling of computer back-up hard drives.
Current selling price, per unit – $80.00
Direct materials, per unit – $15.00
Direct labor, per unit – $5.00
Variable manufacturing overhead, per unit – $10.00
Fixed manufacturing overhead – $200,000
Fixed operating expenses – $50,000
Analysts compute the break-even point using the above information, and conclude that production capacity and estimated sales can reach that point.
However, a few days later, the analyst learns that the selling price will increase by 5%.
What is the effect on the original break-even point of this change?
(Choose one)
- An increase of 370 drives
- A decrease of 435 drives
- A decrease of 370 drives
- A decrease of 5%
- An increase of 435 drives
5. James Company has the following information related to its manufacturing and selling of staplers.
Current selling price, per unit – $6.00
Direct materials, per unit – $2.00
Direct labor, per unit – $1.00
Variable manufacturing overhead, per unit – $1.00
Variable operating expense – $1.00
Fixed manufacturing overhead – $20,000
Fixed operating expenses – $5,000
Which of the following are true regarding the assumptions of James Company’s cost-volume-profit analysis? (Check all that apply.)
- Fixed manufacturing overhead of $20,000 is sufficient to achieve the break-even volume.
- Demand will be sufficient to warrant an average price of $6 per unit.
- If variable costs change, direct labor costs will be half of direct materials costs.
- James Company offers discounts to the $6 selling price if the break-even point exceeds demand.
6. Ryan Corporation has the following information relating to its manufacturing and selling of cakes:
Average current selling price: $14.00
Average variable cost of cakes: $6.00
Fixed yearly costs: $240,000
The income tax rate is 35%
If Ryan Corporation had net income before tax of $90,000, what amount of income after tax would they have? How many cakes would generate this income level?
(Choose one)
- $58,500; 41,250 cakes
- $31,500; 45,000 cakes
- $45,000; 41,250 cakes
- $60,000; 41,250 cakes
7. Garrett Company has the following information relating to its two products, product Red and product Blue.
Color – Selling Price – Variable Cost – Fixed Cost
Red – $14 – $6 – $16,000
Blue – $15 – $5 – $10,000
If Garrett Company viewed its products in aggregate, what would the break-even point be if managers projected a 60% – 40% sales mix for Red and Blue, respectively? How about a 40% – 60% sales mix for Red and Blue, respectively?
(Choose one)
- 2,444 units; 2,210 units (rounded)
- 2,667 units; 2,451 units (rounded)
- 3,000 units; 2,987 units (rounded)
- 2,955 units; 2,826 units (rounded)
8. Garrett Company has the following information relating to its two products, product Red and product Blue.
Color – Selling price – Variable cost – Fixed costs
Red -$14 – $6 – $16,000
Blue – $15 – $5 – $10,000
Assuming Garrett Company views each product separately, what is the breakeven point for Red? For Blue?
(Choose one)
- 1,500 units; 1,000 units
- 2,000 units; 1,000 units
- 3,000 units; 2,000 units
- 2,500 units; 2,000 units
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Multiple Choice Questions Elimination Of A Hydroxyl Group Requires Select One A
/in Uncategorized /by developerMultiple Choice Questions
Elimination of a hydroxyl group requires:
Select one:
a. a baseb. Pt or Pdc. heatd. an acid and heat
Addition reactions can…
Select one:
a. also be oxidationsb. all of the abovec. reduce the number of C=C bondsd. also be reductions.
Condensation polymerization requires the reactants to have…
Select one:
a. at least two C=C bondsb. at least one C=C bondc. at least one reactive functional groupd. at least two reactive functional groups
Substitutions of a halogen by a hydroxide
Select one:
a. require a baseb. form an acidc. form a based. require an acid
Rename each of the following molecules so that their names are correct. Hint-draw the molecule! (2 marks each)
a) 2,5-dipropyl-3-bromohex-4-ene
b) 4-methyl-2-ethylpentan-2,3-ol
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Multiple Choice Questions1 Oil Corporation Has The Following Financial Perspecti
/in Uncategorized /by developerMultiple Choice Questions
1. Oil Corporation has the following financial perspective of profitability for the current month:
Revenues $10,000
Cost of Goods Sold -2
Direct Materials (Variable) $1,000
Direct Labor (Variable) $1,000
Variable Overhead $500
Fixed Overhead $1,500
Gross Margin $6,000
Variable Operating Expenses $1,000
Fixed Operating Expenses $3,000
Profit $2,000
Letty, a manager at Oil Corp., has decided to adopt a managerial perspective of profitability.
Using the provided information, which of the following statements are true about the managerial perspective? (Check all that apply.)
2. Which of the following are true statements regarding the development of the break-even point formula? (Check all that apply.)
3. Jonas Company has the following information related to its manufacturing and selling of decorative vases.
Current selling price, per unit – $8.00
Direct materials, per unit – $3.00
Direct labor, per unit – $1.50
Variable manufacturing overhead, per unit – $1.00
Variable operating expense – $1.25
Fixed manufacturing overhead – $750,000
Fixed operating expenses – $400,000
What is the Jonas Company’s break-even point for decorative vases?
(Choose one)
4. Beloit Corporation has the following information related to its manufacturing and selling of computer back-up hard drives.
Current selling price, per unit – $80.00
Direct materials, per unit – $15.00
Direct labor, per unit – $5.00
Variable manufacturing overhead, per unit – $10.00
Fixed manufacturing overhead – $200,000
Fixed operating expenses – $50,000
Analysts compute the break-even point using the above information, and conclude that production capacity and estimated sales can reach that point.
However, a few days later, the analyst learns that the selling price will increase by 5%.
What is the effect on the original break-even point of this change?
(Choose one)
5. James Company has the following information related to its manufacturing and selling of staplers.
Current selling price, per unit – $6.00
Direct materials, per unit – $2.00
Direct labor, per unit – $1.00
Variable manufacturing overhead, per unit – $1.00
Variable operating expense – $1.00
Fixed manufacturing overhead – $20,000
Fixed operating expenses – $5,000
Which of the following are true regarding the assumptions of James Company’s cost-volume-profit analysis? (Check all that apply.)
6. Ryan Corporation has the following information relating to its manufacturing and selling of cakes:
Average current selling price: $14.00
Average variable cost of cakes: $6.00
Fixed yearly costs: $240,000
The income tax rate is 35%
If Ryan Corporation had net income before tax of $90,000, what amount of income after tax would they have? How many cakes would generate this income level?
(Choose one)
7. Garrett Company has the following information relating to its two products, product Red and product Blue.
Color – Selling Price – Variable Cost – Fixed Cost
Red – $14 – $6 – $16,000
Blue – $15 – $5 – $10,000
If Garrett Company viewed its products in aggregate, what would the break-even point be if managers projected a 60% – 40% sales mix for Red and Blue, respectively? How about a 40% – 60% sales mix for Red and Blue, respectively?
(Choose one)
8. Garrett Company has the following information relating to its two products, product Red and product Blue.
Color – Selling price – Variable cost – Fixed costs
Red -$14 – $6 – $16,000
Blue – $15 – $5 – $10,000
Assuming Garrett Company views each product separately, what is the breakeven point for Red? For Blue?
(Choose one)
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Multiple Choice Test Questions 1 How Much Money Would You Have To Invest Today A
/in Uncategorized /by developermultiple choice test questions….
1. How much money would you have to invest today, at an interest rate of 5% in order to reach your goal of $1,000,000 in 30 years? Assume no additional money is invested.
Choose One • 20 points
2. What annual investment amount must be invested every year in order to reach a goal of $1,000,000 in 30 years at an interest rate of 5%? (assume no upfront investment PV=0)
Choose One • 20 points
3. The two bank websites I researched showed that their annual savings account interest rates are ______. This is because _____.
Choose One • 15 points
4. What one-time investment amount must be invested today, at a higher interest rate of 7.17% in order to reach a goal of $1,000,000 in 30 years?
Choose One • 20 points
5. The interest rates on savings accounts is ____ the interest rate (rate of return) on riskier investments such as stocks & stock funds.
Choose One • 3 points
6. Savings account interest rates at the bank are products just like groceries are at the grocery store. Just as we make economic decisions with our food buys…
Choose One • 2 points
7. If you want to reach a long-term investment (savings) goal, a good strategy to consider is…
Choose One • 5 points
8. TRUE OR FALSE: If you want to become a millionaire in 30 years, a savings account is the best investment to choose.
Choose One • 2 points
9. TRUE OR FALSE: If you want to become a millionaire in 30 years, the time value of money formulas that businesses use will help you estimate how much money to invest.
Choose One • 3 points
10. If you want to become a millionaire in 30 years…
Choose One • 3 points
11. If you want to become a millionaire in 30 years…
Choose One • 2 points
12. Which of the following dynamics of investing / creating wealth is TRUE?
Choose One • 5 points
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Multiple Choice The Investment Banker May Advise Clients On A Continuing Basis A
/in Uncategorized /by developerMultiple choiceThe investment banker may advise clients on a continuing basis about all of the following, EXCEPT A. the types of securities being sold. B. the number of shares for distribution. C. the timing of the sale. D.accounting standards and audits
The investment banker may advise clients on a continuing basis about all of the following, EXCEPTA. The types of securities being sold.B. The number of shares for distribution.C. The timing of…
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Multiple Choice The Narrower The Definition Of A Product A The Larger The Number
/in Uncategorized /by developerMultiple Choice The narrower the definition of a product:A)the larger the number of substitutes and the larger the price elasticity of demand.B)the smaller the number of substitutes and the larger the price elasticity of demand.C)the larger the number of substitutes and the smaller the price elasticity of demand.D)the smaller the number of substitutes and the smaller the price elasticity of demand.
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Multiple Compounding Periods Find The Present Value Of 5100 Under Each Of The Fo
/in Uncategorized /by developerMultiple compounding periods: Find the present value of $5100 under each of the following rates and periods:
1) 6.6 per cent compounded quarterly for 8 years.
2) 4.3 per cent compounded daily for 4 years.
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Multiple Concept Example 8 Reviews The Concepts From This Chapter That Are Perti
/in Uncategorized /by developerMultiple-Concept Example 8 reviews the concepts from this chapter that are pertinent here.
Two rigid rods are oriented parallel to each other and to the ground. The rods carry the same current in the same direction. The length of each rod is 0.71 m, while the mass of each is 0.094 kg. One rod is held in place above the ground, and the other floats beneath it at a distance of 7.9 mm.
Determine the current in the rods.
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Multiple Factors Affect Everyone S Personal Communication Style Such As Personal
/in Uncategorized /by developerMultiple factors affect everyone’s personal communication style, such as personality, cultural upbringing, situational factors, just to name a few. Teachers require a deep understanding of communication styles and techniques to successfully deliver and interpret information.
Use the “Communication Matrix” to complete the assignment.
Support your matrix with a minimum of three scholarly resources.
This assignment uses a rubric. Review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
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Multiple Linear Regression Introduction This Discussion Will Cover Business Situ
/in Uncategorized /by developerMultiple linear is an enhanced form of linear regression in which more than one independent variable useful to predict the value for single dependent variable (Y). This predictive value calculates from linear transformation of the X variables. The calculations are complex but interrelationships among all the variables should be taken into account in the weights assigned to the variables, Lesson 5: Multiple Linear Regression.
Hence, it’s very much useful when we want to calculate the value of one dependent variable by using the values from two or more other independent variables. In many businesses, it is very useful like; predicting future prices based on the demand and supply, estimate the demand of the particular time using the historic details for that particular time, estimate the probability of a prospect becoming a customer given attributes, and many more. Hence, multiple regression is very much helpful to predict the future values for the business situation including; any business type such as; a shop, retail, mall, etc. Lesson 5: Multiple Linear Regression.
Multiple regression wouldn’t work if there is no statistical data and if there is single independent variable then it doesn’t work like; if a nation wants to calculate the censuses based on the individual age only, business want to know the prices based on supply, etc. Also, it wouldn’t work for theoretical data as well, Lesson 5: Multiple Linear Regression.
In my professional experience, I wouldn’t prefer to use multiple regression in calculating the marks of each student based on few other students’ marks because it can’t define the marks for any student because here, all variables are independent and couldn’t predict. In addition to this, I would prefer to use multiple regression in letting understand the share market prediction based on some independent variable value, Lesson 5: Multiple Linear Regression.
References:
Lesson 5: Multiple Linear Regression. Retrieved from https://onlinecourses.science.psu.edu/stat501/node/283
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Multiple Questions About Atc Question 1 What Function Enables The Controller To
/in Uncategorized /by developerMultiple questions about ATC.
Question 1
What function enables the controller to check a desired flight plan amendment for potential conflicts?
1,Radar data acquisition and transfer
2,Trial planning
3,Automated radar tracking
4,Trajectory modeling
Question 2
What factors determine the time and distance required to make a speed adjustment?
1.None, they are achieved instantaneously
2.Aircraft configuration, altitude, speed
3.Altitude, VFR conditions, speed
4.Speed, priority, altitude
Question 3
Which system provides for radar input from multiple radar sites?
1.HOCSR
2.FDP
3.RDP
4.CCC
Question 4
Which of the following was designed to provide automation capability to calculate and update flight plan data?
1.FDP
2.ARTS
3.RDP
4.STARS
Question 5
Which of the following is a major component of the DSR?
1.Computer display channel
2.Radar data processing
3.Radar position console
4.User request evaluation tool
Question 6
Why are secondary surveillance radar identification techniques preferred over primary?
1.They are more accurate
2.There is zero chance of error
3.They don’t require any action by the pilot
4.They don’t rely on a working transponder
Question 7
What two systems make up the NAS-A?
1.DSR and STARS
2.FDP and DSR
3.RDP and FDP
4.ARTS and DSR
Question 8
The _____ is a digital radar processor that receives data from the radar site, checks the information to determine the validity and converts the target echoes into a digital format.
1.CCC
2.FDP
3.RDAT
4.CD
Question 9
What is the fourth dimension used by URET in trajectory modeling?
1.Time
2.Altitude
3Longitude
4.Space
Question 10
Which system uses commercial off the shelf hardware?
1.ARTS II
2.ARTS
3.Common ARTS
4.RDP
1Running head: MULTIPLE CHOICE QUESTIONS Multiple Choice QuestionsStudent’s NameInstitution 2MULTIPLE CHOICE QUESTIONS Multiple choice questionsQuestion 1What function enables the…
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