The unique features of a local environment can yield benefits to small firms locating there even when the costs are greater.
Answer the following statement true (T) or false (F)
True
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Compared with people-based services, equipment-based services do not have the marketing concern of
A. immeasurability. B. inventory. C. intangibility. D. inconsistency. E. insensitivity.
Capital Manufacturing produces a unique souvenir product for various museums around the country. During the year, the company incurred the following costs: Direct material used $100,000 Direct labor 80,000 Manufacturing overhead 50,000 Marketing
expenses 15,000 Administrative expenses 20,000 During the year, 25,000 units were produced out of which 20,000 units were sold for $20 each. Required: A. Calculate the total product costs incurred for the year. B. What is the product cost per unit? C. What is cost of goods sold for the year? D. What is net operating income for the year? (Ignore taxes)
A special indorsement is negotiable by indorsement and delivery
Indicate whether the statement is true or false
Return on investment can be split into which of the following two measures?
A. Profit margin and net income. B. Residual income and operating income. C. Profit margin and investment turnover. D. Investment center income and profit margin. E. Investment center average assets and investment turnover.