Advertising studies indicate that consumers respond more favorably to ________ with repeated exposure to advertisements.
A. fad products
B. marketing channels
C. ideas
D. brand extensions
E. services
Answer: D
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The overall reliability of the system is the ______.
a. sum of the reliabilities of the individual components b. minimum reliability of the individual components c. product of the reliabilities of the individual components d. maximum reliability of the individual components
Explain what is meant by price elasticity of demand.
What will be an ideal response?
Which Incoterms group represents the highest level of responsibility for the buyer?
a. C b. F c. D d. E
Held Inc. has provided the following data for the month of June. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work In ProcessFinished GoodsCost of Goods SoldTotalDirect materials$5,890 $14,070 $95,760 $115,720 Direct labor 9,680 21,100 136,800 166,580 Manufacturing overhead applied 5,880 10,080 68,040 84,000 Total$21,450 $44,250 $300,600 $366,300 Manufacturing overhead for the month was overapplied by $1,000. The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those
accounts. The cost of goods sold for June after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to: A. $301,600 B. $299,790 C. $299,600 D. $301,410