General administration is sometimes viewed as only ________, but it can be a powerful source of competitive advantage.
A. overhead
B. income
C. value
D. unimportant
Answer: A
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Josh Baker works for Jones Restaurant Supply all year and earns a monthly salary of $8,000. There is no overtime pay and Jones withholds income taxes at 12% of gross pay. Jones deducts $200 monthly for the co-payment of the health insurance premium. Employees are paid on the fifth day of each month. As of October, 31, Josh had $80,000 of cumulative earnings. Journalize the accrual of salaries expense on October 31. Omit explanations.
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. The unit product cost is only part of the information that is needed to determine the sales price for each product. 2. If work-in-process units are incomplete, the costs remain in Work-in-Process Inventory and are reported on the balance sheet. 3. The cost of goods sold is added to net sales revenue to determine gross profit. 4. cost of goods manufactured includes selling expenses, administrative expenses, and manufacturing overhead. 5. The inventory of a merchandising company consists of Raw Materials Inventory, Work-in-Process Inventory, and Finished Goods Inventory.
A marketing manager would most likely use which of the following to find out how many consumers stay with his brand and how many switch, enabling him to project market shares over time?
A) modeling software B) syndicated research C) cross-sectional research D) exploratory research E) competitive intelligence
Describe the consumerism movement.
What will be an ideal response?