A marketer is usually in a better position to establish prices when it knows the prices charged for competing brands.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Beridze Manufacturing expects to produce 2900 units in January and 3600 units in February. Beridze budgets $20 per unit for direct materials. The amount of indirect materials needed for production has been determined to be insignificant and will therefore not be considered in the calculation. The balance in the Raw Materials Inventory account (all direct materials) on January 1 is $38,650. Beridze desires the ending balance in Raw Materials Inventory to be 10% of the next month's direct materials needed for production. Desired ending balance for February is $51,100. What is the cost of budgeted purchases of direct materials needed for January?
A) $58,000 B) $65,200 C) $26,550 D) $25,150
Which of the following statements is true of signature on a written contract?
A) The contract should be signed by the party who seeks enforcement. B) The signature of the person who is enforcing the contract is not necessary. C) The signature must appear at the end of the writing. D) A person's nickname or initials are not binding legal signatures.
Which of the following is true of profits and losses of an LLC (limited liability company) whose operating agreement does not contain profit or loss sharing clauses?
A) A member who invests 10 percent capital must bear 10 percent of the losses. B) A member who invests 30 percent of the capital receives 30 percent of the profit. C) A member who invests 40 percent of the capital receives 20 percent of the profit. D) All members receive equal shares in profits regardless of the capital contributed.
Identify the participial phrase in the sentence. The person managing the entire project is Larry