Answer:
low ball
Explanation:
From the question, we are informed about A dealer who persuades a customer to buy a new car by reducing the price to well below that of his competitors. Once the customer has agreed to buy the car, the terms of the sale are shifted by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. Now the car costs well above the current market rate. In this case, This is an example of the low ball procedure. The low-balling procedure can be regarded as lpersuasion tactic whereby the seller offer will give an initial offer of goods/ service at a lower price than the expected price, so that the buyer can commit, after the commitment from buyer, the price will be suddenly increased. This technique is famous among salesmen as well as advertisers.
Answer:
d. parts enter the manufacturing process immediately; they are not warehoused.
Explanation:
The Just in Time inventory system is one where the management of a business increases efficiency and reduces inventory cost by obtaining raw materials for the production process just as they are needed.
This implies warehousing of unused raw materials is at a minimum. Thereby reducing warehousing cost.
So the option most close to JIT inventory method is - parts enter the manufacturing process immediately; they are not warehoused.
This method also requires accurate forecasting get what is actually needed per time.
Answer:
Direct material quantity variance
= (Standard quantity - Actual quantity) x standard price
= (5.7 x 23500 - 129,000) x $12
= $59,400(F)
The correct answer is B
Explanation:
Direct material quantity variance is the difference between standard quantity and actual quantity used multiplied by standard price. Standard quantity is obtained by the product of standard quantity per unit and actual production.
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Answer: B.) Product Association
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Answer:
O A
they have a low rate of interest
O c. they allow a longer repayment period
OD.
they have an easier application process