CHAPTER 12 QUIZ

CHAPTER 12 QUIZ - CHAPTER 12 QUIZ 1 Major influences of...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
CHAPTER 12 QUIZ 1. Major influences of competitors, costs, and customers on pricing decisions are factors of a. supply and demand. b. activity-based costing and activity-based management. c. key management themes that are important to managers attaining success in their planning and control decisions. d. the value-chain concept. 2. Short-run pricing decisions include a. pricing a main product in a major market. b. considering all costs in the value chain of business functions. c. adjusting product mix and volume in a competitive market while maintaining a stable price if demand fluctuates from strong to weak. d. pricing for a special order with no long-term implications. 3. Burkhart Company manufactures a product that has a variable cost of $25 per unit. Fixed costs total $1,000,000, allocated on the basis of the number of units produced. Selling price is computed by adding a 25% markup to full cost. How much should the selling price be per unit for 200,000 units? a.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/15/2011 for the course ACCT 305 taught by Professor Allen during the Spring '11 term at Wilmington DE.

Page1 / 3

CHAPTER 12 QUIZ - CHAPTER 12 QUIZ 1 Major influences of...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online