Answer: The answer is False.
Explanation: The marketing mix consists of the five “P”s, which are price, product, place, people and promotion. Price is the only portion of the marketing mix that generates revenue for the company, but it is not the only part that does not generate costs. That makes this statement false.
Answer: Opening
Explanation:
The opening position is the first offer that is given. This offer is usually not indicative of the full capability of the party offering. In other words, this position is the ideal position for the party offering it but they can be persuaded to give a position that would not be as beneficial to them.
Annette plans to offer a two times a month pickup and this would be ideal for Jackson Hauling because they are still small-time and would benefit from not being overburdened. This is why it is her opening position. She can however, be persuaded to do a twice weekly pickup but that wouldn't be very beneficial.
Answer:
the correct answer is $90,000
Explanation:
900,000÷6=150,000
150,000×3=450,000
450,000÷5=90,000
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Answer:
Estimated Income Statements, using Absorption and Variable Costing Prior to the first month of operations ending October 31, Marshall Inc. estimated the following operating results:
Sales (21,600 x $75) $1,620,000
Manufacturing costs (21,600 units):
Direct materials 984,960
Direct labor 233,280
Variable factory overhead 108,000
Fixed factory overhead 129,600
Fixed selling and administrative expenses 35,300
Variable selling and administrative expenses 42,600 .
Explanation:
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