An order-taking sales rep would be most appropriate for a producer of
A. laptop computers-selling to manufacturers who don't yet have any computers.
B. a new brand of DVD system-calling on wholesalers.
C. cleaning materials for maintenance-calling on regular customers.
D. designer clothing-calling on possible new retailers.
E. airplanes-calling on possible corporate jet customers.
Answer: C
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In order to increase the net profit of a business, the NMC of any proposed strategy must ________
A) be equal to the current NMC B) be equal to the difference of the current NMC and the marketing and sales expenses C) be equal to the total operating income D) be lower than the current NMC E) exceed the current NMC
The following information is available for Richardson Company for its first year of operations: Sales in units 5,000 Production in units 8,000 Manufacturing costs: Direct labor $3 per unit Direct material $5 per unit Variable overhead $1 per unit Fixed overhead $100,000 Net income (absorption method) $30,000 Sales price per unit $40 Refer to Richardson Company. If Richardson Company were using
variable costing, what would it show as the value of ending inventory? a. $120,000 b. $64,500 c. $27,000 d. $24,000
Metric symbols do not change in the plural and are never followed by ______________
a. an equation b. another number c. a period d. another symbol
Which generation has a dominant value system that has “hard work, frugality, patriotism and the Protestant work ethic?”
a. Traditionalists b. Baby Boomers c. Baby Busters d. Generation X-ers