When speaking to a customer, ask questions with positive wording to encourage feedback and clarify details.
Answer the following statement true (T) or false (F)
False
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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.
The security agreement establishes the lenders interest in the purchased good
Indicate whether the statement is true or false.
Nielsen Corporation has two manufacturing departments--Machining and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: MachiningAssemblyTotalEstimated total machine-hours (MHs) 1,000 4,000 5,000Estimated total fixed manufacturing overhead cost$4,700$10,800$15,500Estimated variable manufacturing overhead cost per MH$1.20$2.20 During the most recent month, the company started and completed two jobs--Job F and Job M. There were no beginning inventories. Data concerning those two jobs follow: Job FJob MDirect materials$13,000$7,400Direct labor cost$20,400$8,800Machining machine-hours 700 300Assembly machine-hours 1,600 2,400Assume that the company uses a plantwide predetermined manufacturing overhead rate
based on machine-hours and uses a markup of 40% on manufacturing cost to establish selling prices. The calculated selling price for Job M is closest to: A. $11,988 B. $46,154 C. $29,970 D. $41,958
The degree of operating leverage is defined as the percentage change in earnings before interest and taxes (EBIT) associatedwith a given percentage change in sales.
Answer the following statement true (T) or false (F)