The best way for manufacturers to control prices is by using an exclusive distribution system
Indicate whether the statement is true or false
a. True
b. False
ANSWER: False
The best way for manufacturers to control prices is to develop brand loyalty in consumers by delivering quality and value.
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Pitt Jones Company, a manufacturer of small appliances, had the following activities, allocated costs, and allocation bases
Activities Allocated Costs Allocation Base Account inquiry (hours) $61,000 2,600 hours Account billing (lines) $32,000 18,000 lines Account verification (accounts) $16,000 24,000 accounts Correspondence (letters) $13,000 1,000 letters The above activities are carried out at two of its regional offices. Activities Northeast Office Midwest Office Account inquiry (hours) 120 hours 200 hours Account billing (lines) 10,000 lines 9,000 lines Account verification (accounts) 1,800 accounts 600 accounts Correspondence (letters) 70 letters 150 letters What is the cost per line for the account billing activity? (Round your answer to the nearest cent.) A) $1.78 B) $23.46 C) $3.39 D) $12.31
Encoding and decoding are the same for each person
Indicate whether this statement is true or false.