Wholesalers most likely discourage less-profitable customers by ________
A) increasing product promotions
B) carrying exclusive product lines
C) overseeing inventory control systems
D) adding service charges to small purchase orders
E) requiring smaller orders to lower transportation costs
D
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Rhodes Corporation manufactures a product with the following standard costs: Direct materials (20 yards @ $1.85 per yard) $ 37.00 Direct labor (4 hours @ $12.00 per hour) 48.00 Variable factory overhead (4 hours @ $5.40 per hour) 21.60 Fixed factory overhead (4 hours @ $3.60 per hour) 14.40 Total standard cost per unit of output $121.00 Standards are based on normal monthly production involving
2,00 . direct labor hours (500 units of output). The following information pertains to the month of July: Direct materials purchased (16,00 . yards @ $1.80 per yard) $28,800 Direct materials used (9,400 yards) Direct labor (1,880 hours @ $12.20 per hour) 22,936 Actual factory overhead 16,850 Actual production in July: 460 units a. Compute the following variances for the month of July, indicating whether each variance is favorable or unfavorable: (1) Materials purchase price variance (2) Materials quantity variance (3) Labor rate variance (4) Labor efficiency variance b. Give potential reasons for each of the variances. Be sure to consider inter-relationships among variances.
The process of marketing strategy planning is about
A. figuring out how to offer products at the lowest possible price. B. choosing the most profitable market opportunity, regardless of the firm's current abilities and resources. C. narrowing down possible market opportunities to the most attractive ones. D. identifying as many market opportunities as can be imagined. E. creating products that managers like.
Adding periods of occupancy by various persons to reach the time period required to acquire real property by adverse possession is known as accretion
Indicate whether the statement is true or false
Dividends can be paid in cash.
Answer the following statement true (T) or false (F)