________ would be LEAST likely to use supporting salespeople.
A. Producers of consumer staples
B. Merchant wholesalers of installations
C. Producers of business accessories
D. Supermarkets
E. Producers of prescription drugs
Answer: D
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The amount of current income that you earn today isn't relevant to setting your long term goals for the future
Indicate whether this statement is true or false.
Pharmacies are a new addition to Sam's Clubs. They could exert a greater influence on the marketplace for prescription drugs than their newness indicates. Sam's has a stated philosophy of marking up merchandise a maximum of 14 percent. When that philosophy is applied to prescription drugs, especially generics, warehouse club prices can be dramatically lower than those of conventional drugstores, supermarkets, or discount store pharmacies. Sam's is using a _____ strategy to convince consumers to use its pharmacies rather than its competitors.
A. penetration pricing B. price-insensitive demand C. price-skimming D. price elasticity E. cost bundling
The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 8.1hoursStandard variable overhead rate$14.85per hour?The following data pertain to operations for the last month: Actual hours 8,600hoursActual total variable manufacturing overhead cost$130,720 Actual output 1,000units?What is the variable overhead efficiency variance for the month?
A. $7,600 F B. $7,425 U C. $2,835 F D. $7,600 U
Stefanovich Corporation makes one product. The company has provided the following information concerning its raw materials needs:•The ending raw materials inventory should equal 20% of the following month's raw materials production needs. •Each unit of finished goods requires 2 pounds of raw materials. •The raw materials cost $3.00 per pound. •The company will need 26,440 pounds of raw material to satisfy production needs in March. The raw materials inventory balance at the end of February should be closest to:
A. $74,136 B. $15,864 C. $88,704 D. $14,568