Helen was in a car accident. She hired attorney Flick Jones to represent her in the matter. Helen has been informed by Flick that her case is very good and he will accept it on a contingency basis. What does this mean?
A contingency fee is an agreement to pay an attorney a percentage of any recovery for his or her services. If there is no recovery then no fee is paid the attorney. Helen only has to pay Slick if she wins her case and receives a monetary award and payment.
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To penetrate the invisible shield they use to protect themselves from information irrelevance, relate your ideas to all of the following EXCEPT
a. their values. b. their beliefs. c. their needs. d. their sympathy.
Eccles Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system:Costs:? Wages and salaries$268,000?Depreciation 205,000?Utilities 159,000?Total$632,000??Distribution of resource consumption:Activity Cost Pools AssemblySetting UpOtherTotalWages and salaries60%25%15%100%Depreciation30%25%45%100%Utilities20%45%35%100%How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool?
A. $379,200 B. $241,433 C. $126,400 D. $254,100
Visions, Inc. has two service departments (Human Resources and Building Maintenance) and two production departments (Machining and Assembly). The company allocates Building Maintenance cost on the basis of square footage and believes that Building Maintenance provides more service than Human Resources. The square footage occupied by each department follows.Human Resources3,500Building Maintenance8,700Machining9,900Assembly15,000Over how many square feet would the Building Maintenance cost be allocated (i.e., spread) with the direct method and the step-down method? Direct MethodStep-Down MethodA.24,90028,400B.24,90037,100C.28,40024,900D.37,10024,900E.Some other combination of figures not listed above.
A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E
General Mills is offering resellers a 10 percent discount on all cases of its granola bars purchased during the month of June. General Mills is offering a:
A. trade allowance B. life cycle extension promotion C. P-O-P discount D. push money deal E. product development deal