Room Chill Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan has 20 separate parts. The direct materials cost is $75, and each ceiling fan requires 3.00 hours of machine time to manufacture. Additional information is as follows:
What is the cost of assembling per ceiling fan? (Round any intermediate calculations and your final answer to the nearest cent.)
A) $75.00
B) $5.00
C) $22.80
D) $18.75
B) $5.00
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Which of the following statements regarding marketing strategies is FALSE?
A. These strategies require decisions about the specific customers the firm will target and the marketing mix the firm will develop to appeal to that target market. B. These strategies must meet the needs of target customers, and a firm is likely to get a competitive advantage if it just meets needs in the same way as some other firm. C. Developing successful marketing strategies doesn't need to be a hit-or-miss proposition. D. Most companies implement more than one marketing strategy and related marketing plan at the same time. E. It is useful to think of the marketing strategy planning process as a narrowing-down process.
One of the reasons for a brand extension is the speedy acceptance of a new product.
a. True b. False
The voice of typology concerns ______.
A. causation B. categorization C. different types of loose coupling D. Myers-Briggs
Which of the following is NOT an earnings management technique?
A. Creating an allowance for uncollectible accounts and adjusting it at year end B. Failing to write down or write off impaired assets C. Failing to record expenses and related liabilities when future obligations remain D. Releasing questionable reserves into income