Select the incorrect statement regarding upstream and downstream costs.
A. To be profitable, companies must recover the total cost of developing, producing, and delivering products.
B. Companies normally incur significant downstream costs.
C. Upstream and downstream costs are reported as product costs on the income statement.
D. Pricing decisions must consider both upstream and downstream costs in addition to manufacturing costs.
Answer: C
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List and briefly discuss the fours steps in developing new customer solutions with the help of a product's lead users
What will be an ideal response?
If there are twelve different intermediate products produced in the stages of a metabolic pathway within a cell, we can expect that there
A. must be twelve different raw materials combined in the cell by one enzyme. B. is one enzyme that carries this process through to the end product. C. are about twelve enzymes, at least one responsible for each step in the metabolic pathway. D. is one enzyme for degradation and another enzyme for synthesis. E. may not be any enzymes involved if this is a natural cell product.
Jerry purchased a laptop computer for his personal use from Computer City on an installment loan contract. The sales contract stated that in the event the contract is assigned to a third party, the purchaser (Jerry) promises he will not assert any claim or defense against the assignee which he might have against Computer City. Computer City immediately assigns the contract rights to Finance USA
The computer stops working within two weeks of the purchase. a. This is a valid waiver of defense clause. Jerry signed the contract, so he can't raise a defense to Finance USA. b. Finance USA is an intended third party beneficiary and may therefore enforce the contract. c. In general, this type of waiver is not permitted in consumer contracts, so Jerry can raise his claim against Finance USA. d. This is a delegation of Jerry's duties and the delegator remains liable on the contract unless a novation agreement is made.
Luxury Production Materials (LPM) generated the following information for its capital budgeting manager: Capital Structure Project Cost IRR Type of Capital Proportion D $70,000 18.0% Debt
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