What are the various functions performed by members of a marketing channel? Provide examples
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Some of the functions that the members of a marketing channel perform (storage and movement, title, and communications) constitute a forward flow of activity from the company to the customer; other functions (ordering and payment) constitute a backward flow from customers to the company. Still others (information, negotiation, finance, and risk taking) occur in both directions.
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What are the auditor's concerns in testing EDI controls?
The records of Andrews Company reflect the following data: Work in process, beginning of the month - 4,500 units; 1 / 3 completed at a cost of $2,400 for materials, $825 for labor, and $5,00 . for overhead. Production costs for the month - materials - $20,695; labor - $13,050; overhead - $41,500 Units completed and transferred to finished goods - 35,000 Work in process, end of month - 3,00
units; 3 / 4 completed What is the unit cost for material? a. $.66 b. $.59 c. $.56 d. $.62
In Western reviewed their estimated warranty costs which at that time was 5% of sales. This estimated was based upon the warranty accrual method. In 2016 net sales were $3,250,000 they recorded warranty expense of $162,500. Due to some pending changes in product improvement and certain economic factors the company saw a drastic drop in their warranty claims for 2017. The company decided for 2017 to reduce the estimate to 3% of sales. In 2017 Western reported net sales of $3,500,000. ? ? Required: 1) How should the company report the change and why? ? 2) Prepare any necessary journal entries for 2016 or 2017 to account for the change.
What will be an ideal response?
What is name of the person who assigns exhibits and labels the evidence during a trial?
a. Court reporter b. Bailiff c. Court clerk d. Magistrate