What is the transfer price per pair of shoes from the Stitching Division to the Polishing Division if the transfer price per pair of soles is 125% of full costs?

Which of the following is true of a specialty product?

a. It is sold using aggressive personal selling as consumers do not seek out this type of product. b. It is widely distributed in a geographic area in order to sell sufficient quantities to meet profit goals. c. It is bought only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility. d. It is marketed using selective, status-conscious advertising that maintains its exclusive image.

Which of the following is true of logistics?

A) Companies can gain a powerful competitive advantage by using improved logistics to enhance customer service or lower prices. B) The cost savings to a company and its customers due to improved logistics is typically nominal. C) Less than 5 percent of an average product's price is accounted for by shipping and transport. D) The cost of logistics is considerably less than advertising. E) Shaving off a small fraction of logistics costs has very little impact on savings.