If Ty chooses a smart phone simply because he perceives it to be rated highest on megapixels, which he believes is the most important attribute in a smart phone, he is using a(n) ________ to help make his purchase decision
A) compensatory model
B) conjunctive heuristic
C) elimination-by-aspects heuristic
D) affect referral rule
E) lexicographic heuristic
E
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Sattler Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range.?Sales (8,000 units)$480,000?Variable expenses336,000?Contribution margin144,000?Fixed expenses142,200?Net operating income$1,800Required:a. What is the contribution margin per unit?b. What is the variable expense ratio?c. If sales decline to 7,900 units, what would be the estimated net operating income?d. If the variable cost per unit increases by $5, spending on advertising increases by $2,000, and unit sales increase by 3,400 units, what would be the estimated net operating income?e. What is the break-even point in dollar sales?f. Estimate how many units must be sold to achieve a target profit of $50,400.g. What is the margin
of safety percentage?h. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 15% increase in sales? What will be an ideal response?
Define the term "equivalent unit" as it relates to process costing along with a simple numerical example of its calculation
A set of activities planned at the beginning of the project that helps achieve quality in a project describes
A) risk mitigation plan. B) project quality plan. C) project scope plan. D) feasibility study.
Price plays an indirect role in shaping customer value.
Answer the following statement true (T) or false (F)