In ranking choices with the break-even time (BET) method, the investment with the highest BET measure gets the highest rank.
Answer the following statement true (T) or false (F)
False
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The product positioning strategy based on a product trait or characteristic is the positioning approach of:
A) product attributes B) competitors C) use or application D) price-quality relationship
Canel Incorporated makes a single product--an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below:?Budgeted production (a)15,000units?Standard hours per unit (b)1.70machine-hours?Budgeted hours (a) × (b)25,500machine-hours?Budgeted fixed manufacturing overhead$163,965??????Actual production (a)13,000units?Standard hours per unit (b)1.70machine-hours?Standard hours allowed for the actual production (a) × (b)22,100machine-hours?Actual fixed manufacturing overhead$182,965??Actual hours23,100machine-hoursRequired:a. Determine the fixed overhead budget
variance for the year.b. Determine the fixed overhead volume variance for the year. What will be an ideal response?
Define the concept of entrapment, and provide an example of an entrapment
A judicial system that requires parties to represent themselves and argue their positions before a neutral court is referred to as:
a. an adversary system of justice b. an aversive system of justice c. an adversarial system of justice d. a complex system of justice e. none of the other choices are correct