Which method of pricing is most easily applied when two or more markets for the product or service can be kept entirely separate from each other?
A. Price discrimination
B. Product line pricing
C. Skimming
D. Volume discounting
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A mix of three materials into a process produces one litre of a finished product,with some loss of input in the process.Standard material costs are as follows per litre of output.Material$X0.3 litres at $2 per litre0.60Y0.6 litres at $3 per litre1.80Z0.3 litres at $1 per litre0.302.70During a control period,5,000 litres of output were produced.These used 1,400 litres of Material X;3,100 litres of Material Y;and 1,250 litres of Material Z.What is the materials yield variance?
A. $412.50(A)
B. $150(F)
C. $469(F)
D. $562.50(F)
A company produces a blended drink product from two ingredients,Ingredient A and Ingredient B.Ingredient A is more expensive per litre than Ingredient B.During the most recent period,the company produced fewer litres of finished drink product than budgeted,and it used a larger than expected proportion of Ingredient A in the materials mix than expected.Which one of the following statements is correct about materials variances in the period?
A. The materials mix variance is adverse and the materials variances is also adverse
B. The materials mix variance is adverse but the materials yield varian cannot be measured with the available data
C. The materials mix variance is favourable and the materials yield variance is also adverse
D. The materials mix variance is favourable but the materials yield variance cannot be measured with the available data
Budgeting has been criticised extensively by the Beyond Budgeting Round Table(BBRT).Which one of the following is not a criticism of traditionnal budgeting by the BBRT?
A. Budgets protect rather than reduce costs
Budgets focus in sales targets rather than customer satisfaction
C. Managers do not give budgeting enough of their time
D. Budgets discourage innovation and initiative
If you are looking for a new job, here are some job interview __1__ you should keep in mind when meeting with a ___2__ employer. First, be sure to dress __3___ for the situation. If you are interviewing for a teaching job, then you might want to ___4___ wearing nice pants and a dress shirt. However, you don't want to ___5___ for the interview either. Next, be sure to do some ___6___ on the company for which you are interviewing. This will help you know if you have the needed skills or__7____to work for that company. Finding out something about the company will also help you ask ___8___ questions about their business to show them you are interested in their company. Finally, be prepared to tell them why you would be the best choice for the___9___. You don't have to boast about your___10___, but you can tell them in a confident and direct way why you can help their company better than other applicants.