A store selling t-shirts featuring the Grand Canyon carries t-shirts in two different colors, with three different designs, and each shirt is available in four different sizes. How many different combinations of color, design, and size are possible

For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.

Experienced problem solvers always consider both the value and units of their answer to a problem. why?

Utilization will always be lower than efficiency because: a. effective capacity is greater than design capacityb. expected output is less than actual output.c. effective capacity equals design capacity.d. effective capacity is less than design capacity.e. expected output is less than rated capacity.