List the consumer rights called for by consumer advocates
What will be an ideal response?
Consumer advocates call for the following consumer rights:
1. The right to be well informed about important aspects of the product
2. The right to be protected against questionable products and marketing practices
3. The right to influence products and marketing practices in ways that will improve "quality of life"
4. The right to consume now in a way that will preserve the world for future generations of consumers
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Annual Percentage Rate (APR) is the most important required disclosure under FTL.
a. true b. false
Alfredo Co. has collected the following per unit data:
Direct labor $8 Variable selling and admin. $3 Direct materials 5 Fixed overhead 1 Variable overhead 4 Fixed selling and admin. 7 The markup percentage is 120%. What is the markup amount under the variable-cost approach? a) $21.60 b) $24.00 c) $33.60 d) $20.40