A tool that allows an advertiser to compare the costs of several media vehicles within a specific medium relative to the number of persons reached by each vehicle is called a(n)
A. cost comparison indicator.
B. media comparison selector.
C. unit-price selector.
D. cost/person index.
E. vehicle/price indicator.
Answer: A
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Retailers use each of the following reasons to justify slotting fees, except:
A) retailers must invest time and money in new products B) the fees help retailers finalize decisions about carrying new products C) the fees reduce the number of new products that are introduced each year D) the fees level the playing field between small and large retail outlets
Explain how general controls impact transaction integrity and the financial reporting process
Max is a leader of a creative team at Ads-R-Us. Even though he has a creative team for making advertisements, he understands that great ideas can come from anywhere. He makes a point to let employees from other parts of the company know that their ideas are welcome. Max uses which flow of communication direction?
A. lateral B. horizontal C. downward D. upward
Hayes Inc. provided the following information for the current year:Beginning inventory 100unitsUnits produced 750unitsUnits sold 800unitsSelling price$150/unitDirect materials$35/unitDirect labor$16/unitVariable manufacturing overhead$15/unitFixed manufacturing overhead$24,000/yearVariable selling/administrative costs$8/unitFixed selling/administrative costs$15,500/yearWhat is the unit product cost for the year using variable costing?
A. $98 B. $95 C. $66 D. $74 E. $96