If the price paid per unit differs from the standard price per unit for direct materials, the variance is termed:
A) variable variance
B) controllable variance
C) price variance
D) volume variance
C
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Actually counting the goods on hand at the end of the accounting period and determining the cost of these goods by reviewing the accounting records is called
a. an adjusting entry; b. a physical inventory; c. cost of goods sold; d. freight-in; e. the closing process.
Negotiators need to be sensitive to two factors when creating offers: the first is value characteristics, and the second is ________ characteristics.
Fill in the blank(s) with the appropriate word(s).
Libra Electronic Inc. has launched a new range of light-weight vacuum cleaners with enhanced features. Before developing the product, Libra Electronic conducted a thorough study about customer requirements
The company also studied the quality of its competitors' vacuum cleaners. Based on insights about customer wants and competitor strengths and weaknesses, Libra Electronic has designed vacuum cleaners that can be clearly distinguished from other brands. Libra Electronic most likely has a _____ orientation. a. promotion b. market c. sales d. production
What are the three components that are analyzed as part of the situation analysis section of the marketing plan?
What will be an ideal response?