For each numbered Statment, pick the lettered Cost Term that fits Statements:

(1.) Increased revenues from special order

(2.) Lost contribution margin from foregone sales to regular customers

(3.) Revenues from 4,000 units sold to regular customers

(4.) Variable cost of 4,000 units sold to regular customers

(5.) Increase in fixed selling and administrative expenses

(6.) Cost of existing equipment used to produce special order

(7.) Salary paid to current supervisor who oversees manufacture of special order

(8.) Increased variable costs of special order

Cost Term Choices:

a) Irrelevant fixed outlay cost

b) Irrelevant revenues

c) Irrelevant variable outlay cost

d) Opportunity cost

e) Relevant fixed outlay cost

f) Relevant revenues

g) Relevant variable outlay costs

h) Sunk Cost

Why should organizations be allowed to promote offensive, violent, sexual, or unhealthy products that can be legally sold and purchased?

Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u. s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships. c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability

An instance where sellers should work to keep relationships with customers is when they instance where selllars should work to keep relationships with customers is when they feel that the product