staff salaries were $32,000/month last year and $47,000/month this year, what is the total yearly labor cost increase

Clear Sailing Lifeboats uses 12,000 units of a certain component in production each year. Presently, this component is purchased from an outside supplier at $9.50 per unit.

The first step in assembling a project team is to: A) talk to potential team members. B) identify the required skills. C) negotiate with the functional supervisor. D) notify top management.

Choice Creations, Inc. sells hand sewn shirts at $58.00 per shirt. It incurs monthly fixed costs $8000. The contribution margin ratio is calculated to be 30%.

When most people want to know the cost of an item or a service, they look for a price tag. When economists want to determine cost, they go one step further. They use the idea of opportunity cost.

When warner music group and sub pop records created the alternative distribution alliance in 1993 as a joint venture to distribute and manufacture records owned by independent labels, they engaged in a alliance?

Re-Up Enterprises has sales of $926,355, costs of goods sold of $613,500, inventory of $189,880, and accounts receivable of $78,580. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit?

Which of the following is one of the main things to consider when evaluating a business opportunity?

Analyzing Accounts Receivable Changes The comparative balance sheets of Sloan Company reveal that accounts receivable (before deducting allowances) increased by $15,000 in 2013.

The balance in the Accounts Receivable account decreased from $18,000 at the beginning of the month to $15,000 at the end of the month. Sales on account during the month totaled $130,000.

A firm is considering a replacement project which requires the initial outlay of $300,000 which includes both an after-tax salvage from the old asset of $12,000 and an additional working capital investment of $8,000.