When making the decision on a product's price, the manager must consider
A) all products at the same time.
B) the minimum price that will produce a profit.
C) only cost-based information.
D) the product's total variable costs.
B
You might also like to view...
In a marketing plan, the ________ section identifies the history of the business and its core competencies
A) executive summary B) company description, purpose, and goals C) forecasting D) marketing situation E) marketing strategy
OK Dry-Cleaning advertises so effectively that the regular customers of its competitor Purity Cleaners patronize OK instead of Purity. This is
A. appropriation. B. conversion. C. wrongful interference with a contractual relationship. D. none of the choices.
Haffner Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 500 Materials costs$7,800 Conversion costs$9,100 Percent complete with respect to materials 85%Percent complete with respect to conversion 55%Units started into production during the month 7,000 Units transferred to the next department during the month 6,100 Materials costs added during the month$102,700 Conversion costs added during the month$184,000 Ending work in process inventory: Units in ending work in process inventory 1,400 Percent complete with respect to materials 60%Percent complete with
respect to conversion 50% The cost per equivalent unit for materials for the month in the first processing department is closest to: A. $13.69 B. $14.80 C. $15.92 D. $14.73
Yoshi, a Japanese citizen working in Atlanta for his Tokyo firm, decided to rent an airplane and fly himself to the Annual Catfish and Zydeco festival in Thibodaux, Louisiana. He rented a small plane to fly there. Over Alabama, thunderstorms formed. Because Yoshi was not trained to fly by instruments, he decided to land at the next airport. As he searched for a runway, Yoshi heard a loud clank
followed by silence as the engine died. He tried to land in a field but crashed. While recovering in a rehabilitation center in California, Yoshi filed suit there against the Atlanta Airport and the owners of the airplane, alleging that they were negligent in their maintenance. If Yoshi wants to obtain jurisdiction over the owner of the airplane he may: a. send California police to Atlanta to serve the summons b. serve the owner with a summons while the owner is bar hopping in Los Angeles c. serve the owner with a summons while the owner is on a business trip to Oregon d. serve the owner with a summons while the owner is in a Delta jet flying over California on his way toHawaii e. not serve the owner because he is a Georgia resident