The simplest way to enter a foreign market is through ________
A) joint venturing
B) direct investment
C) exporting
D) joint ownership
E) contract manufacturing
C
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All manufacturing costs that are assigned to completed (but unsold) products should be classified as
a. materials inventory costs. b. overhead costs. c. work in process inventory costs. d. finished goods inventory costs.
Because the average consumer operates in a complex environment, the human brain attempts to organize and interpret information with a process referred to as
A. stimulus discrimination. B. selective attention. C. selective perception. D. selective retention. E. selective exposure.
Next year's budget for Temper, Inc., is given below: At the end of the year, the total fixed costs and the variable costs per unit were exactly as budgeted, but the following units per product line were sold:Product Line Units Sales 1 126,200 $958,579 2 56,800 $721,010 Required:(Be sure to indicate whether the variance is favorable or unfavorable.)a. Compute the sales activity variance for each product.b. Compute the sales mix variance for each product.c. Compute the sales quantity variance for each product.
What will be an ideal response?
A footwear company specializing in the production of ballet shoes normally produces shoes for women. The company is hired by several customers to produce shoes for men. Which of the following should the manufacturer consider in order to achieve economies of scale in shoe production?
A. the amount of shoe production cost compared to the typical costs incurred in shipping B. the amount of shoe storage cost compared to the typical costs incurred in shipping C. the cost associated with efforts to increase customers that might also place orders for men's shoes D. the cost of producing one type of shoe at a time in large quantities and storing them for future sales E. the level of effort required to retool the company's manufacturing plant to produce only men's shoes