The management of Furrow Corporation is considering dropping product L07E. Data from the company’s budget for the upcoming year for product L07E appear below:   Sales $830,000 Variable expenses $365,000 Fixed manufacturing expenses $291,000 Fixed selling and administrative expenses $166,000   In the company’s accounting system all fixed expenses of the company are fully allocated to products. Further investigation has revealed that $186,000 of the fixed manufacturing expenses and $106,000 of the fixed selling and administrative expenses are avoidable if product L07E is discontinued. The financial advantage (disadvantage) for the company of eliminating this product for the upcoming year would be (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):

Viruses are not considered living organisms because they ____________

In the initial exposure to an antigen__________

When an enzyme catalyzes a reaction, _______________.

As a result of a T-independent antigen ______

Black Corporation’s sales are $600,000, its fixed expenses are $150,000, and its variable expenses are 60% of sales. The margin of safety is (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):

Boersma Sales, Inc., a merchandising company, reported sales of 7,100 units in September at a selling price of $682 per unit. Cost of goods sold, which is a variable cost, was $317 per unit. Variable selling expenses were $44 per unit and variable administrative expenses were $22 per unit. The total fixed selling expenses were $157,200 and the total administrative expenses were $338,000.   The gross margin for September was (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):

The term anaerobic means ___________

Viruses are classified base on ___________

The SP Corporation makes 40,000 motors to be used in the production of its sewing machines. The average cost per motor at this level of activity is:   Direct materials $5.50 Direct labor $5.60 Variable manufacturing overhead $4.75 Fixed manufacturing overhead $4.45   An outside supplier recently began producing a comparable motor that could be used in the sewing machine. The price offered to SP Corporation for this motor is $18. If SP Corporation decides not to make the motors, there would be no other use for the production facilities and none of the fixed manufacturing overhead cost could be avoided. The annual financial advantage (disadvantage) for the company as a result of making the motors rather than buying them from the outside supplier would be (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):