The cost per equivalent unit for transferred in units is calculated by dividing total transferred in costs by the equivalent units of production for transferred in units

Mern Corp. is in the business of selling computers and computer software to the public. Mern sold and delivered a personal computer to Whyte on credit. Whyte executed and delivered to Mern a promissory note for the purchase price and a security agreement covering the computer. If Whyte purchased the computer for personal use and Mern fails to file a financing statement, which of the following statements is correct?

A. The computer was a consumer good while in Mern's possession. B. Perfection of Mern's security interest occurred at the time of attachment. C. Mern's security interest is not enforceable against Whyte because Mern failed to file a financing statement. D. Mern does not have a perfected security interest because it failed to file a financing statement.

Which of the following is an example of a discount promotion given to members of the distribution channel?

A) incentive programs B) trade shows C) co-op advertising D) SPIF programs E) promotional products