Byron Products has a favorable materials price variance. Which of the following would be the least likely reason for this variance?
A) The company over budgeted the standard price for materials.
B) The company took advantage of quantity discounts from its suppliers.
C) The company's employees were more efficient with the use of their production time.
D) The company purchased a substandard material at a cheaper price.
C
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What will be an ideal response?
Your marketing manager has asked you to develop a new customer strategy for your company. Additionally, you have been asked to develop, specifically, a market-penetration strategy to assist in gaining new customers
Describe a market-penetration strategy in this context.
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A) specifications B) durability C) loyalty D) brand E) price
Which of the following is an example of an extraordinary repair?
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