A day-by-day listing of the transactions of a business is called a journal
Indicate whether the statement is true or false
T
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Which of the following is true about pure product bundling strategy?
A) It is shown to be more profitable than mixed bundling strategies. B) It takes advantage of the potential synergy of two brands that share a common market space. C) It involves entering new product-markets. D) It creates a base from which to introduce line extensions that enhance market penetration at a lower cost. E) It involves the sale of two or more products at an overall price that is cheaper than purchasing the products separately.
Consumers will bear switching costs if:
A. the benefits of adopting the new technology outweigh the costs of switching. B. switching costs are substantial. C. the new products are packaged attractively. D. there is a lack of complementary products. E. the new technology is advertised subtly.
Engineers from what company developed Six Sigma in the 1980s?
A. Intel B. General Motors C. Motorola D. General Electric
An outdoor barbecue grill manufacturer uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: Denominator level of activity 4,600MHsFixed overhead cost$50,140 ?The following data pertain to operations for the most recent period: Actual hours 5,000MHsStandard hours allowed for the actual output 4,743MHsActual total fixed manufacturing overhead cost$48,690 ?The fixed manufacturing overhead budget variance for the period is closest to:
A. $1,450 F B. $3,009 U C. $5,810 U D. $2,503 F