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Packrall Company makes computer chips. Curtis is manager of the company's maintenance department. His maintenance technicians are well trained in maintaining expensive and sensitive circuit
Packrall Company makes computer chips. Curtis is manager of the company's maintenance department. His maintenance technicians are well trained in maintaining expensive and sensitive circuit board stamping equipment. In this company, the maintenance department is likely organized as: Select one: O A. A profit center. O B. A revenue center. O C. An investment center D. A cost center Consider the following statements about competitive bidding: I. The higher the price that a company bids, the greater the profit if the firm gets the contract. Il. Bidding a higher price decreases the probability of obtaining a contract. III. A company that bids low to ensure acceptance of a contract may actually wind up bidding too low to make an acceptable profit. Which of the above statements is (are) true? Select one: O A. Il only O B. I, II, and IIl. OC. I only O D. I and III. O E.1" only. Outdoor Living Company has just received a new, special order for 500 hammocks. Outdoor Living does not have any idle capacity to accept the order. What is the minimum price that Outdoor Living should accept for the special order? Select one: A. A price xquvlno th hamok's unitntribution argin B. The same price that Outdoor Living charges its existing customers O C. A price equivalent to the hammook's variable manufacturing cost per unit O D. None of the above. Which of the following is not a measure used by the financial perspective lens of the balanced scorecard? Select one: O A. ROl. B. Net income. O C. Residual income. D. Market share
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