Fingado Products, Inc., has a Detector Division that manufactures and sells a number of products, including a standard detector that could be used by another division in the company, the Commercial Security Division, in one of its products. Data concerning that detector appear below: Capacity in units 87,000Selling price to outside customers$98Variable cost per unit$32Fixed cost per unit (based on capacity)$51?The Commercial Security Division is currently purchasing 6,000 of these detectors per year from an overseas supplier at a cost of $91 per detector.?Assume that the Valve Division is selling all of the valves it can produce to outside customers. Also assume that $6 in variable expenses can be avoided on transfers within the company due to reduced shipping and selling costs.
What should be the minimum acceptable transfer price for the valves from the standpoint of the Valve Division?
A. $98 per unit
B. $77 per unit
C. $92 per unit
D. $91 per unit
Answer: C
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Use this information for questions that refer to the Yummy Ice Cream case. Kelly Stich, marketing manager for Yummy Ice Cream Products, is thinking about some of her products and her promotion plans for the coming year.Yummy Ice Cream Products is introducing a new ice cream treat called Planet Savers. This treat uses ice cream produced with environmentally friendly processes that save energy and protect the ozone. Yummy plans to send articles to magazines, local newspapers, and environmental groups that explain the environmentally safer treat. The product also has a unique texture and different flavor.Stich wants to use counter cards and in-store signs to let people know about Cherry Walrus, the company's new flavor. She is also developing sales training materials that will teach ice
cream scoopers in Yummy's ice cream stores to promote the product. Right after Cherry Walrus is introduced, each store will also hand out coupons that are good for one day only.Yummy Mondaes is a product that has been around for 25 years. It is Yummy's take on the classic ice cream sundae, but white-brownie and coffee-flavored crumbles are added to make it extra special. The company sells this product in one-quart and two-quart containers through major grocery store chains. It relies on personal selling and price discounts to retailers to move more of the product. The company does very little consumer promotion for this product.Yummy Fudge-on-a-Stick is a new product of fudge-flavored ice cream on a stick. Yummy plans to sell it through retail grocery stores and is launching an aggressive advertising program that will use television, radio, newspaper, magazines, and the Internet. Most of its promotion will be directed at consumers.Two years ago, the company introduced Yummy Fruit-on-a-Stick, an all-natural frozen fruit product on a stick. The product category has been popular, continues to grow, and is in the market growth stage of the product life cycle. The brand manager who puts together a promotion blend for Yummy Mondaes should A. be primarily concerned with informing rather than persuading. B. determine who the firm is trying to influence. C. realize that the right blend depends more on what customers expect than what the firm wants to accomplish. D. determine the one right promotion blend and then implement it.
The Chatham Landing apartment complex offers tenants $200 off one month's rent for each new tenant referral. By rewarding tenants for making a tenant referral, Chatham Landing is encouraging tenants to perform which of the following customer jobs?
A. Positioning the company B. Helping others C. Promoting the company D. Recruiting customers E. Helping oneself
The ______________________________ data contains summarized information of all of an organization's business event data.
Fill in the blank(s) with the appropriate word(s).
Answer the following statements true (T) or false (F)
1. Holders of record are stockholders whose names are recorded on the date of record receive the declared dividend. 2. Purchasers of a stock selling ex dividend receive the current dividend. 3. The date of record (dividends) is the actual date on which a company will mail the dividend payment to the holders of record. 4. The dividend payment date is set by a firm's board of directors and represents the actual date on which the firm mails the dividend payment to the holders of record. 5. The payment date is five days after the date of record, on which the company will mail the dividend payment to the holders of record.