Alice is shopping for a new car, and she has narrowed her decision to a Honda Accord and a Toyota Camry. Both sedans have similar features and prices, but Alice decides to purchase the Honda based on her intuition
Which of the following situations would most likely cause Alice to experience postpurchase dissonance?
A) The price of the Honda Accord increases by a huge margin.
B) The price of the Toyota Camry falls due to an increase in demand.
C) The Honda Accord meets all her expectations and satisfies her needs.
D) The Toyota Camry experiences technical failures that lead to a recall.
E) The maintenance costs of the Honda Accord decrease significantly over time.
B
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Using the City Bicycle example, suppose the cycling store uses the FIFO cost-flow assumption. The cost of goods sold is _____, and the ending inventory is _____
a. $2,900; $5,500 b. $2,500; $5,900 c. $3,000; $5,400 d. $2,800; $5,600 e. cannot be determined with the information given
Country Style, Inc, makes landscaping tools. Country could be liable for a warning defect if there is a foreseeable risk of harm posed by a product and
a. the omission of a warning renders the product not reasonably safe. b. there is a reasonable alternative design. c. there is a lack of care in making of the product. d. there is insufficient insurance coverage.
Fasheh Corporation's relevant range of activity is 7,000 units to 11,000 units. When it produces and sells 9,000 units, its average costs per unit are as follows: Average Cost per UnitDirect materials$5.50Direct labor$3.90Variable manufacturing overhead$1.30Fixed manufacturing overhead$13.50Fixed selling expense$2.25Fixed administrative expense$1.80Sales commissions$0.50Variable administrative expense$0.45 If 10,000 units are produced, the average fixed manufacturing cost per unit produced is closest to:
A. $12.83 B. $13.50 C. $12.15 D. $15.00
Data is transported over the Internet in parcels.
Answer the following statement true (T) or false (F)