C.I.F is a pricing term that indicates the seller is responsible for paying the cost of the goods that
are the subject of the sale as well as insurance and freight for their delivery.
Indicate whether the statement is true or false
TRUE
You might also like to view...
Bonkowski Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Budgeted selling price per unit$97Budgeted unit sales (all on credit): January 10,000February 12,000March 13,300April 15,200? Raw materials requirement per unit of output 4poundsRaw materials cost$1.00per poundDirect labor requirement per unit of output 2.5direct labor-hoursDirect labor wage rate$23.00per direct labor-hourPredetermined overhead rate (all variable)$9.00per direct labor-hourVariable selling and administrative expense$3.10per unit soldFixed selling and administrative expense$70,000per month?Credit sales are collected: 30% in the month of the sale 70% in the following month?Raw materials
purchases are paid: 30% in the month of purchase 70% in the following month?The ending finished goods inventory should equal 30% of the following month's sales. The ending raw materials inventory should equal 10% of the following month's raw materials production needs.?The estimated finished goods inventory balance at the end of February is closest to: A. $89,775 B. $335,160 C. $281,295 D. $245,385
Which survey question will generate the most appropriate data for the rubric?
You want to use the following rubric to evaluate the effectiveness of the training program on using a new software program. ? Excellent: Since training, 90% or more people have completed a project by using the new software. ? Average: Since training, 80–89% of people have completed a project by using the new software. ? Poor: Since training, 79% or less people have completed a project by using the new software. a. How satisfied are you with the new software? ___ Very dissatisfied ___ Somewhat dissatisfied ___ Somewhat satisfied ___ Very satisfied b. How often do you use the new software? ___ Never ___ Sometimes ___ Often ___ Always c. I have used the new software to complete a project. ___ Strongly disagree ___ Somewhat disagree ___ Neutral ___ Somewhat agree ___ Strongly agree d. Have you used the new software to complete a project? ___ Yes ___ No
Marketing (Big M) is not just identifying existing segments but also creating new ones.
Answer the following statement true (T) or false (F)
A major disadvantage to the use of census data in trading-area analysis is its _____
a. cost b. being limited to city and state data c. lack of comprehensiveness d. dated nature