If there is an anticipatory repudiation of a contract for the sale of goods, the non-breaching party
may choose whether to await performance or treat the contract as breached at the time of the
repudiation.
Indicate whether the statement is true or false
TRUE
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In terms of online metrics, which evaluation method allows companies to gauge consumer reactions to a new advertising campaign, whether it is online or traditional?
A) click-through rate B) copytesting C) emotional reaction tests D) monitoring web chatter
What term below is not an example of intrinsic motivation?
A. social reinforcement B. feeling of accomplishment C. sense of purpose D. self-praise
Carteret Inc Carteret Inc manufactures hammocks under various brand names. The company sells most of its hammocks in the second quarter of each year. Their production budget for the second quarter shows the following number of hammocks needs to be produced: April 6,000 units May 10,000 units June 15,000 units Each unit requires 30 feet of cotton rope cord which costs $.50 per foot. The company
has determined that it needs 20 percent of next month's raw material needs on hand at the end of each month. In addition, each hammock requires 45 minutes of direct labor for assembly and inspection at a cost of $.25 per minute. The company currently applies manufacturing overhead to production at the rate of $8 per direct labor hour. Refer to the Carteret Inc information above. The cost of the rope cord that should be purchased in May is: A) $195,000 B) $150,000 C) $165,000 D) $135,000
Product costs provide crucial data for a variety of managerial purposes.
Answer the following statement true (T) or false (F)