1. A(n) _____ identifies the activities in designing, producing, and delivering goods.
a) cause-and-effect diagram
b) scatter diagram
c) value stream map
d) affinity diagram
2. On June 1, year 2, Pitt Corp. sold merchandise with a list price of $5,000 to Burr on account. Pitt allowed trade discounts of 30% and 20%. Credit terms were 2/15, n/40 and the sale was made FOB shipping point. Pitt prepaid $200 of delivery costs for Burr as an accommodation. On June 12, year 2, Pitt received from Burr a remittance in full payment amounting to
a. $2,744
b. $2,940
c. $2,944
d. $3,140