Which type of retailer usually carries more specialty goods at high prices and is more likely to provide customers with assistance in every phase of the shopping process?

The managerial accountant at Mega Petroleum reported the following information. Recall that the contract price of $75 per barrel of crude oil is based on market price in Chicago

The market price per barrel of crude oil supplied to the refining division is $90. The managerial accountant reported the following information. The market price per barrel of gasoline sold to external parties is $180. Transportation Division Variable cost per barrel of crude oil $2 Fixed cost per barrel of crude oil $4 Full cost per barrel of crude oil $6 Refining Division Variable cost per barrel of gasoline $9 Fixed cost per barrel of gasoline $7 Full cost per barrel of gasoline $16 Required Compute Mega Petroleum's total operating income from purchasing, transporting, and refining 100 barrels of crude oil and selling the 50 barrels of gasoline. A) $50 B) $65 C) $75 D) $95 E) $100

An early-bird special offered by a restaurant during off-peak hours is an example of the secondary-market pricing strategy.

Answer the following statement true (T) or false (F)