Homework Answers
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Option C is the answer Product mix(Product assortment) refers to the relative amount of products offered by the company to its customers. It is not constant over the long run. |
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Which of the following is true of product mix? O a. The product mix of a...
please answer all 4 mulitple choice questions If a company has a policy of charging its...
please
answer all 4 mulitple choice questions
If a company has a policy of charging its customers 16% above direct materials and labor costs. The costs incurred are as follows: Direct materials Direct labor $62,000 4,000 What is the price charged by the company? - a. $80,500 b. $76,560 c. $77,500 d. $66,000 In a keep-or-drop decision: a. absorption costing income statements should be provided. O b. fixed costs should be ignored. c. segmented reports prepared on a variable-costing basis...
1. According to the law of diminishing returns, the: a. total product of an input must...
1. According to the law of diminishing returns, the: a. total product of an input must eventually decline b. average produt of an input must always increase c. marginal product of an input must eventually decline d. marginal product of an input must eventually rise 2. An isocost line shows the: a. input combinations that can be purchased with a given outlay of funds b. costs of inputs needed to produce along an isoquant c. costs of inputs needed to...
88. Which of the following elements of the marketing communications mix refers to any paid form...
88. Which of the following elements of the marketing communications mix refers to any paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor via print, broadcast, network, electronic, and display media? a. advertising b. personal selling c. sales promotion d. direct marketing e. public relations Answer: 89. Which of the following elements of the marketing communications mix involves a variety of short-term incentives to encourage trial or purchase of a product or service?...
Which of the following statements is true? O Increasing dividends will always decrease the stock price,...
Which of the following statements is true? O Increasing dividends will always decrease the stock price, because the firm is depleting internal funding resources. O Increasing dividends will always increase the stock price. Increasing dividends may not always increase the stock price, because less earnings may be invested back into the firm and that impedes growth Walter Utilities is a dividend paying company and is expected to pay an annual dividend of $2.05 at the end of the year. Its...
Netflix has leveraged “The Long Tail” to its advantage. Which of the following is not true?...
Netflix has leveraged “The Long Tail” to its advantage. Which of the following is not true? The Long Tail is a phenomenon whereby firms can make money by offering a near limitless selection. The Long Tail refers to the large number of products unavailable through conventional retail stores. Blockbuster successfully the Internet to leverage The Long Tail. Customer are often attracted to firms who offer vast choice in goods and services. Network Effects: Which of the following is not true?...
Which of the following statements is not true under U.S. GAAP? a. Product costs increase the...
Which of the following statements is not true under U.S. GAAP? a. Product costs increase the inventory account. b. Product costs include freight costs on goods purchased. c. Theoretically, product costs include buying costs and storage costs although in practice these costs are often times expensed. d. Product costs include freight costs to ship goods to customers. e. All of the above are true.
Which of the following statements regarding cost accounting systems is not true? a.A company may use...
Which of the following statements regarding cost accounting systems is not true? a.A company may use a job order cost system for some of its products and a process cost system for other products. b.A job order cost system provides product costs for each quantity of product that is manufactured. c.A company must use either a job order cost system for all of its products and services or a process cost system for all of its products and services. d.Managers...
Which of the following is NOT true about gross domestic product (GDP)? a. It includes only...
Which of the following is NOT true about gross domestic product (GDP)? a. It includes only final goods and services. b. The values are measured in current dollars c. Intermediate goods and services are excluded to prevent double counting. d. It includes the value of transfer payments. The gross domestic product (GDP) excludes: a. the value of intermediate goods produced. b. the spending by government on new roads and bridges. c. household spending on goods and services. d. the increase...
Which one of the following statements is true? O A catalyst alters the equilibrium constant of...
Which one of the following statements is true? O A catalyst alters the equilibrium constant of a reaction and is neither a product nor a reactant in the overall equation. In order for a reaction to occur, product and reactant molecules must collide with each other. The transition state is a short-lived, high energy state, intermediate between products and reactants. In reactions that are first order in one reactant and first order in another, the slow step always involves a...
Select the one BEST answer. Remember to transfer your answers to the grid on page 2 1. Under accrual accounting as required by Generally Accepted Accounting Principles, which of the following res...
Select the one BEST answer. Remember to transfer your answers to the grid on page 2 1. Under accrual accounting as required by Generally Accepted Accounting Principles, which of the following results in the recording of revenue for the current period on the Income Statement of a service company? a. A service company receives cash from a bank in exchange for a note payable b. A service company signs an agreement to provide services to a customer in a future...
please
answer all 4 mulitple choice questions
If a company has a policy of charging its customers 16% above direct materials and labor costs. The costs incurred are as follows: Direct materials Direct labor $62,000 4,000 What is the price charged by the company? - a. $80,500 b. $76,560 c. $77,500 d. $66,000 In a keep-or-drop decision: a. absorption costing income statements should be provided. O b. fixed costs should be ignored. c. segmented reports prepared on a variable-costing basis...
88. Which of the following elements of the marketing communications mix refers to any paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor via print, broadcast, network, electronic, and display media? a. advertising b. personal selling c. sales promotion d. direct marketing e. public relations Answer: 89. Which of the following elements of the marketing communications mix involves a variety of short-term incentives to encourage trial or purchase of a product or service?...
Which of the following statements is true? O Increasing dividends will always decrease the stock price, because the firm is depleting internal funding resources. O Increasing dividends will always increase the stock price. Increasing dividends may not always increase the stock price, because less earnings may be invested back into the firm and that impedes growth Walter Utilities is a dividend paying company and is expected to pay an annual dividend of $2.05 at the end of the year. Its...
Which one of the following statements is true? O A catalyst alters the equilibrium constant of a reaction and is neither a product nor a reactant in the overall equation. In order for a reaction to occur, product and reactant molecules must collide with each other. The transition state is a short-lived, high energy state, intermediate between products and reactants. In reactions that are first order in one reactant and first order in another, the slow step always involves a...
Select the one BEST answer. Remember to transfer your answers to the grid on page 2 1. Under accrual accounting as required by Generally Accepted Accounting Principles, which of the following results in the recording of revenue for the current period on the Income Statement of a service company? a. A service company receives cash from a bank in exchange for a note payable b. A service company signs an agreement to provide services to a customer in a future...
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