Jeremy's, a handbag manufacturer in Lower Manhattan, procures a large stock of leather in anticipation of brisk sales of handbags during December. This is an example of a(n) ________ demand
A) composite
B) derived
C) primary
D) latent
E) inelastic
B
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For disaster recovery purposes, what criteria are used to identify an application or data as critical?
Labadie Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Variable costs per unit: Direct materials$74?Fixed costs per year: Direct labor$1,029,600?Fixed manufacturing overhead$4,461,600?Fixed selling and administrative expenses$3,864,000?The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 57,200 units and sold 55,200 units. The company's only product is sold for $233 per unit.Assume that the company uses a variable costing system that assigns $18 of direct labor cost to each unit that is produced. The unit product cost under this costing system is:
A. $74 per unit B. $170 per unit C. $240 per unit D. $92 per unit
A(n) ________ is a new product that copies, with slight modification, the design of an original product
A) augmented product B) discontinuous innovation C) dynamically continuous innovation D) continuous innovation E) knockoff
In general, vending machines are best suited for selling which of the following?
A) specialty goods B) unsought goods C) capital items D) food and beverages E) accessory equipment