Which of the Following Is the Best Example of a Reminder

question 60

Multiple Choice

Which of the following is the best example of a reminder advertising message?

• A) "Buy now, pay later."
• B) "Doing business in Peoria since 1848."
• C) "Buy one, get one free."
• D) "Now available-the latest fall fashions."
• E) "New and improved!"

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Definitions:

Labor Efficiency Variance

The difference between the actual labor hours used and the expected (standard) labor hours for the level of production, multiplied by the standard labor rate.

Direct Materials

The raw materials that can be directly attributed to the production of a product and are a part of the finished product.

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the expected (standard) cost based on the actual level of activity.

Materials Price Variance

The difference between the actual cost of direct materials and the standard cost, multiplied by the actual quantity of materials purchased.