If we plot the traditional trade-off between richness and reach with reach plotted on the X-axis and richness on the Y-axis, identify the channel of communication that would be at the upper left of the line
A) radio
B) personal selling
C) TV
D) magazine
B
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The end result of adhering to environmental regulations is that firms lose revenue in the process.
Answer the following statement true (T) or false (F)
Starwatch Manufacturing sells a number of goods whose selling price is heavily influenced by cost. A recent study of product no. 520 revealed a traditionally-derived total cost of $1,623 and a selling price of $1,850 based on that figure. A newly computed activity-based total cost is $1,215. Which of the following statements is true?
A. All other things being equal, Starwatch should consider increasing its sales price. B. Starwatch should increase the product's selling price to maintain the same markup percentage. C. Product no. 520 could be labeled as being overcosted by Starwatch's traditional costing procedures. D. Generally speaking, the activity-based cost figure is "less accurate" than the traditionally-derived cost figure. E. If product no. 520 is undercosted by traditional accounting procedures, then all of Starwatch's other products must be undercosted as well.
Verry Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: ?Total direct labor-hours60,000?Total fixed manufacturing overhead cost$342,000?Variable manufacturing overhead per direct labor-hour$2.40Recently Job X711 was completed and required 90 direct labor-hours.Required:a. Calculate the estimated total manufacturing overhead for the year.b. Calculate the predetermined overhead rate for the year.c. Calculate the amount of overhead applied to Job X711.
What will be an ideal response?