Which of the following is true of packaging and labeling? a) an advantage of packaging is the low cost required for the process. b) packaging and labeling in building a brand's equity. c) labeling provides no benefits to manufacturers, but several benefits to consumers. d) a disadvantage of packaging is that it fails to convey a brand's positioning. e) labeling often fails to satisfy the legal requirements of product disclosure.

Joint cost cheyenne, inc. produces three products from a common input. the joint costs for a typical quarter follow: direct materials $45,000 direct labor 55,000 overhead 60,000 the revenues from each product are as follows: product a $75,000 product b 80,000 product c 30,000 management is considering processing product a beyond the split-off point, which would increase the sales value of product a to $116,000. however, to process product a further means that the company must rent some special equipment costing $17,500 per quarter. additional materials and labor also needed would cost $12,650 per quarter. a. what is the gross profit currently being earned by the three products for one quarter? $answer b. what is the effect on quarterly profits if the company decides to process product a further? $answer