The marginal cost of storing and distributing digitized products–music files, for example–is practically nothing
Indicate whether the statement is true or false
TRUE
You might also like to view...
The use of mail interviews is low in some countries because of ________
A) illiteracy B) large rural populations C) a well-developed postal system D) both A and B
The relevant range is the range of activity within which the assumption that cost behavior is strictly linear is reasonably valid.
Answer the following statement true (T) or false (F)
The sale of real estate involves a transfer of ownership with no specific warranties—if there are warranties, the transfer is not a sale
a. True b. False Indicate whether the statement is true or false
Yelk Garage uses time and materials pricing. It is setting prices for next year using the following information: Labor rate, including fringe benefits$50per hourAnnual labor hours 3,350hoursAnnual materials purchases$825,000 Materials purchasing, handling, and storage$41,250 Overhead for depreciation, taxes, insurance, etc.$67,000 Target profit margin for both labor and materials 20% What should Yelk set as the materials markup per dollar of materials used?
A. 35%. B. 20%. C. 5%. D. 25%. E. 30%.