Answer:
True
Explanation:
Routinized response behavior is the decision making process used by consumers when they buy frequently purchased, low cost items that require very little search and decision effort.
Convenience goods are low cost goods that are purchased frequently with very little search and decision effort, e.g. candy, cold drinks, etc.
Answer:
$17,000 Favorable
Explanation:
Provided information, we have
Standard hours for each unit = 0.8 hours
Standard Rate per hour = $34
Actual quantity produced = 7,650 units
Actual labor hours used = 5,620
Actual rate per hour = $118,020/5,620 = $21 per hour
Standard hours for Actual output = 7,650
0.8 = 6,120 hours
Labor Efficiency Variance = (Standard Hours - Actual Hours)
Standard labor rate per hour
= (6,120 - 5,620)
$34
= $17,000 Favorable
As the amount is positive and actual hours used is less than standard hours the variance is favorable.
Strict, which is the highest level of scrutiny is the level of scrutiny affirmation action policies must meet.
There are 3 levels of scrutiny:
1) Strict (highest level)
2) Intermediate (a little less demanding)
3) Rational Basis Review (lowest level)
Answer:
A. That money earns interest when the bank loans it out.
Explanation:
Banks pay their customers interest on the money in their accounts because that money earns interest when the bank loans it out.
Answer:
$1,215 per customer
Explanation:
Add all costs:
Marketing Costs = $1,200
Sales Costs = $9,000
Salaries = $87,000
Total = $97,200
$97,200 divided by 80 new customers = $1,215 per customer