Vignana Corporation manufactures and sells hand-painted clay figurines of popular sports heroes. Shown below are some of the costs incurred by Vignana for last year: Cost of clay used in production$75,000?Wages paid to the workers who paint the figurines$86,000?Wages paid to the sales manager's secretary$38,000?Cost of junk mail advertising$55,000??What is the total of the direct costs above?
A. $216,000
B. $124,000
C. $161,000
D. $75,000
Answer: C
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Which of the following statements describes a marketing implication that results from the intangibility of services?
A. The actual costs of a "unit of service" are hard to determine. B. Services cannot be readily displayed. C. Services cannot be inventoried. D. Services cannot be easily patented. E. All of the above.
Culture is an organized system of values, attitudes, beliefs, and ______ related to each other, to a cultural group’s physical environment, and to other cultural groups.
A. language B. government C. behavioral meanings D. environment
Chase Company has 10 employees, who earn a total of $2800 in salaries each working day. They are paid on Monday for the five-day workweek ending on the previous Friday. Assume that year ended on December 31 which is a Wednesday and all employees will be paid salaries for five full days on the following Monday. The adjusting entry needed on December 31 is:
A. Debit Salaries Payable, $8400; credit Salaries Expense, $8400. B. Debit Salaries Expense, $8400; credit Cash, $8400. C. Debit Salaries Expense, $5600; credit Salaries Payable, $5600. D. Debit Salaries Expense, $8400; credit Salaries Payable, $8400. E. Debit Salaries Expense, $14,000; credit Salaries Payable, $14,000.
Part payment of a disputed debt may cancel the debt if the creditor accepts and cashes a check marked ____________________
Fill in the blank(s) with correct word