Check which of the following are good tips for cutting down on impulse buying: Statement: Good: Bad:

When you're going shopping, take a list, and stick to it!

Ask yourself, "Do I need this, or do I just want this?"

Always buy the newest model of something the minute it comes out.

Always grab the brand name product first!

Plan big-deal buys like a computer or a car—never buy them on impulse.

Don't be a fashion groupie—resist this month's "in" look.

Don't let small money burns keep you from making big but good money burns.

Don't ever question a seller's motive.

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct.d.

After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?