Answer the following statements true (T) or false (F)
1. The salary of a manufacturing plant manager will be included in manufacturing overhead.
2. In a manufacturing company, the salary of the sales staff is an example of a period cost.
3. In a manufacturing plant, indirect materials costs from lubricants and cleaning fluids are product
costs.
4. Indirect materials costs are included in manufacturing overhead.
5. For a manufacturer, rent paid for an office building is an example of a period cost.
1. TRUE
2. TRUE
3. TRUE
4. TRUE
5. TRUE
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The target audience’s social media profile goes beyond the characteristics defined in the marketing plan. The market’s social profile should include all but which of the following elements?
a. Level of social media participation. b. Channels utilized. c. Product-usage characteristics. d. The communities in which they are active. e. Behavior in social communities.
When a seller determines the selling price by adding to cost an amount for profit and expenses not previously accounted for, the seller is using _____ pricing.
A. profit maximization B. demand-oriented C. break-even D. target return E. markup
A stock is selling for $41.60. The strike price on a call, maturing in 6 months, is $45. The possible stock prices at the end of 6 months are $35.00 and $49.00. Interest rates are 5.0%
Given an under-priced option, what are the short sale proceeds in an arbitrage strategy? A) $6.36 B) $8.22 C) $10.43 D) $11.89
A resort that has identified young upper-middle class parents as a market segment charges $1,750 for a four-day, three-night package for a mother, father and two children. The package includes golf fees and tennis court fees for the parents and a five-hour a day adult-supervised camp for the children. The ordinary four-day, three-night package for four costs $1,200. A single day at the camp for any child between the ages of 3 and 11 is $60. What kind of market segmentation pricing strategy is the resort using?
Fill in the blank(s) with the appropriate word(s).