Sauces n'Syrups, Inc, and Thad's Sweet & Spicy Bottling Plant have a manufacturing franchise arrange-ment. This involves the transfer of?
A) a license
B) a trade name.
C) the formula to make a certain product.
D) the ownership of the business.
C
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The Paper Moon sells gift wrapping paper, stationery, and greeting cards. It does not sell any other products. The number of different kinds of wrapping paper, stationery, and cards make up its ________
A) point-of-sale range B) retail price policy C) atmospherics D) merchandise assortment E) retail format
If fixed costs are $400,000, the unit selling price is $25, and the unit variable costs are $15, what is the break-even sales (units) if the variable costs are increased by $2?
A) 50,000 units B) 30,770 units C) 40,000 units D) 26,667 units
Product costs:
A. Are expensed on the income statement when incurred. B. Are expenditures necessary and integral to finished products. C. Are expenditures identified more with a time period rather than with units of product. D. Are moved to the income statement for any unsold inventory at the end of the year. E. Include selling and administrative expenses.
All but one of the following are characteristics of materials used for noise control. Which one is not a characteristic?
A. Consolidation B. Absorption C. Reflection D. Isolation