In process costing, the classification of materials as direct or indirect depends on whether or not they are clearly linked with a specific process or department.

Answer the following statement true (T) or false (F)


True

Business

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The advertisement for a pool reads "a vinyl pool from Parker's for just $5,000." When David contacted the firm for the pool, the customer service representative tells David that the total cost will be $8,000

When David enquires about the extra $3,000, the customer service representative says that is for installation. Which service-quality gap does this situation demonstrate?

Business

The Consumer Product Safety Act of 1972 established the Consumer Product Safety Commission, which has the authority to ban or seize potentially harmful products and set severe penalties for violation of the law

Indicate whether the statement is true or false

Business

?Profit, even at the expense of customers' satisfaction, is the major thrust of the marketing concept.

Answer the following statement true (T) or false (F)

Business

Determine the forecasted demand for April and May based on adjusted exponential smoothing with ? = .2, ? = .3, a February forecast of 20, and T = 0

Recent past demand for product ZXT is given in the following table. Month Actual Demand February 20 March 22 April 33 May 35 June 31 July 48 August 41

Business