To provide protection from lawsuits, company leaders and advertisers must be sure that any claim made about the competition using a comparative message strategy approach can be clearly substantiated
Indicate whether the statement is true or false
TRUE
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Mandato Corporation has provided the following data for its two most recent years of operation: Selling price per unit$50 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$10Direct labor$6Variable manufacturing overhead$5Fixed manufacturing overhead per year$72,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$5Fixed selling and administrative expense per year$70,000 Year 1Year 2Units in beginning inventory03,000Units produced during the year9,0008,000Units sold during the year6,0009,000Units in ending inventory3,0002,000The net operating income (loss) under variable costing in Year 1 is closest to:
A. $174,000 B. $2,000 C. $26,000 D. $144,000
Alonzo, the president of his high school's senior class and honor society, has been very busy and did not study for an important history test. Although Alonzo is very confident, he realizes that he probably will not do well on the test. He has talked himself into cheating because he believes that cheating will help him maintain his strong GPA, which he will need to be accepted by a good college. He tells his friend, "I don't usually cheat, but I really have to do it." Which of the following might explain Alonzo's behavior?
A. the holier-than-thou effect B. the deception effect C. the cheating requirement D. a depression disorder E. motivated blindness
Many new ventures find that debt financing is
a. necessary. b. a waste of time. c. not an important consideration. d. a minor source of funds.
Match each term related to recording inventory transactions with its description.
A. The cost of shipping inventory to customers. B. Account to credit when inventory is sold. The amount to credit equals the selling price to customer. C. The cost of shipping inventory from suppliers. D. Account to credit when inventory is sold. The amount to credit equals the original cost of inventory. E. Record inventory purchases at the time inventory arrives at the company. F. Calculate the balance of inventory once per period. G. Account to debit when inventory is sold. H. Recording inventory transactions as they occur. I. Record inventory purchases at the time inventory departs from the supplier.