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12 9) Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of

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12 9) Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 12,000 units, 100% complete with respect to materials cost and 20% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $39,400. A total of 42,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $2.40 for materials and $4.50 for conversion costs. The total cost of the units completed and transferred out of the department was: A) $250,200 B) $289,800 C) $250,400 D) $189,000 1) Parchasing paper for JCPMedia is A) cooperative selling C) organizational buying. D)online buying E) on-time delivery one example of 7) The dimension of service quality called ability to perform the promised service dependably and accurately A) assurance D) empathy B) derived demand B) accuracy E) reliability C) responsiveness 2) Government taxes on products or services entering a country that primarily serve to raise prices on imports are 8) A brand marketed under the same name in multiple referred to as A) quotas C) foreign excise taxes. E) WTO taxes. countries with similar and centrally marketing programs is referred to as a(n) A) transnational brand C) meganational brand E) global brand. coordinated B) tariffs. D) trade subsidies B) international brand D) multinational brand ) What type of scale is the following? Indicate your degree 9) starbaucky A" starbucks li inaket entry st agreement with the following statement: "Marketing is 9) Starbucks and Tata Global Beverage have together an interesting subjeet" by checking one of the responses.0 formed TATA Starbucks Limited in order to bring Strongly Agree 0 Agree 0 Disagree 0 Strongly Disagree Starbucks to India. The global market entry strategy is A) semantic differential scale B) Likert scale C) open-ended question E) attitudinal question D) dichotomous question A) exporting. D) licensing. B)franchising. ) a joint venture. E) direct investment. 4) Small athletic shoe manufacturers such as Vans target 10) The first step of the marketing research approach is to niche markets like street culture or action sports A) develop the research plan. B) develop findings enthusiasts, making shoes designed to satisfy the needs of C) define the problem. D) collect relevant information. these different specific groups of customers. This strategy E) take marketing actions is an example of A) market segmentation. 11) U.S. citizens pay S5 billion more annually for shoes and B) mass customization. C) single chain marketing. D) customized manufacturing. Japanese citizens pay $6 billion more for rice than the E) market specific selection. actual cost of the products because A) both countries have suffered major financial crises due a 5) In Detroit, a woman came back from lunch to find a severe trade imbalance nasty note on her Toyota Camry about failing to support B) these products were purchased at a lower price from nations the American economy by purchasing her vehicle. The that currently are under governmental sanctions. C) both products are considered essentials and as a result are person who left the note is exhibiting A) protectionism. C) consumer ethnocentrism. D) cultural semiotics E) the trade feedback effect B) cultural ethnocentricity more heavily taxed D) both countries have imposed limits on the quantity of these goods that can leave their respective domestic markets. E) both countries have imposed tariffs on imported goods to 6) Intangible items such as airline trips, financial advice, protect their domestic markets. or telephone calls that an organization provides to consumers are referred to as A) production goods. C) support products 12) Another version of a customer contact audit that includes all employee actions and acknowledges that services are designed to be "experiences" is referred to as A) gap analysis. B) a service audit. C) a service blueprint D) a service continuum. E) an experience economy B) benefits D) services. E) goods

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