Products such as insurance, cemetery plots, and smoke detectors are examples of ________ goods that are products that the consumer does not know about or does not normally think of buying

A) specialty
B) unsought
C) heterogeneous shopping
D) homogeneous shopping
E) convenience


B

Business

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If you're asked to submit to alcohol testing and drug screening during the hiring process, remember that

A) only government agencies can require those tests. B) a majority of companies require them of all applicants. C) what you do in your free time will not affect your on-the-job performance. D) the Supreme Court has determined that they violate workplace privacy laws. E) companies with fewer than 500 employees cannot legally perform them.

Business

Allen Company used $71,000 of direct materials and incurred $37,000 of direct labor costs during the current year.

Allen Company used $71,000 of direct materials and incurred $37,000 of direct labor costs during the current year. Indirect labor amounted to $2,700, while indirect materials used totaled $1,600. Other operating costs pertaining to the factory included utilities of $3,100, maintenance of $4,500, supplies of $1,800, depreciation of $7,900, and property taxes of $2,600. There was no beginning or ending finished goods inventory, but work in process inventory began the year with a $5,500 balance and ended the year with a $7,500 balance. Prepare a statement of cost of goods manufactured.

Business

Improving the efficiency of the manufacturing cycle involves decreasing the time spent processing a good.

Answer the following statement true (T) or false (F)

Business

The U.S. government does not generally regulate private spaceports and the launch and reentry of private spacecraft.

Answer the following statement true (T) or false (F)

Business