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NEW QUESTION: 1
A. Option C
B. Option A
C. Option D
D. Option B
Answer: A
NEW QUESTION: 2
Kaizen costing is being used by an organization to gradually reduce the unit cost of one of its products in order to achieve a 20% mark up on the product's cost.
The selling price of the product must be $72 per unit and this selling price has been maintained for two years.
Two years ago the product's cost was $3 per unit more than its selling price. Kaizen costing has achieved an 8% reduction from the previous period's unit cost in each of the past two years. The organization expects to continue to achieve the same rate of cost reduction next year.
Which of the following statements provides an accurate analysis of the extent to which Kaizen costing has been successful in achieving the required unit cost for the product?
A. Kaizen costing has successfully achieved the necessary cost reduction.
B. Kaizen costing has not yet achieved the required unit cost of $57.60 because a greater rate of reduction in costs was needed.
C. The current cost is $63.48 per unit and the required unit cost will be achieved next year.
D. The current cost is $63.00 per unit and the required unit cost will be achieved next year.
Answer: C
NEW QUESTION: 3
The numbers of pizza slices that are sold in Joey's Pizza are only in quantities of 5 and 8 slices per customer. How many slices cannot be bought?
A. 33.
B. 20.
C. 38.
D. 22.
E. 42.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Check every answer.
42 = 2 x 5 + 8 x 4.
33 = 5 x 5 + 8.
20 = 4 x 5.
38 = 5 x 6 +8.
The only a number which cannot be bought is 22.