Setting a price for the product or service is one element of the marketing mix.

a. True

b. False

A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company uses machine-hours as its measure of activity.

Gilbert finds his coworkers intrusive and annoying. when a coworker asks whether gilbert has seen the stapler, gilbert responds in a loud, hostile tone, "how dare you accuse me of taking the stapler!

Cervetti Corporation has two major business segments-East and West. In July, the East business segment had sales revenues of $390,000, variable expenses of $210,000, and traceable fixed expenses of $46,000.

What is an interest rate that has been agreed upon by the lender and borrower?

An integrated circuit manufacturers annual cost of holding inventory is 48 percent. What inventory holding cost (in $) does it incur for an item that costs $300 and has a one-month supply of inventory on average

Gonzales Corporation generated free cash flow of $88 million this year. For the next two years, the companyʹs free cash flow is expected to grow at a rate of 10%.

Panda Inc. had total sales of $24,000 from bamboo bowls in 2017. The company sold 6,000 units of bamboo bowls and the total variable costs were $6,000. What is the %C of each bamboo bowl?

Suppose a salesperson tells you that one of his/her goals is to increase sales by the end of the month. Which of the following is probably your best response if the salesperson asked you for feedback related to the S. M. A. R. T. goal setting? a.

You can use the tools of the marketing mix to create and adjust which strategy?

Becton labs, inc., produces various chemical compounds for industrial use. one compound, called fludex, is prepared using an elaborate distilling process. the company has developed standard costs for one unit of fludex, as follows: