The portion of the customer's purchasing that a company gets in its product categories is known as ________
A) customer-perceived value
B) share of customer
C) customer insight
D) consumption function
E) induced consumption
B
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What will be an ideal response?
Earned media includes company-generated advertising, publicity, and other promotional efforts
Indicate whether the statement is true or false
Golden Glow Company manufactures candles. The standard direct materials quantity required to produce one large candle is 1 pound at a cost of $5 per pound. Every candle requires 2 direct labor hours at a standard cost of $3 per direct labor hour. During November, 7,200 large candles were produced using 7,500 pounds costing $45,000. At the end of November, an examination of the labor cost records showed that the company used 15,000 direct labor hours (DLHr) at a cost of $4 per hour.
Using the format below, prepare an analysis of the direct labor cost variances.
Cheng Company has one year in unearned rent on the books in the amount of $3,000 . The money was received on December 1 in payment for a warehouse Cheng owns. What adjusting entry related to unearned rent should Cheng record on the books at year-end?
a. debit to Unearned Rent, $2,750; credit to Rent Revenue, $2,750 b. debit to Rent Revenue, $250; credit to Unearned Rent, $250 c. debit to Unearned Rent, $250; credit to Rent Revenue, $250 d. No entry required.