Which of the following products would impose strict liability in tort according to Section 402A?
a. Popcorn containing large amounts of genuine butter.
b. 150-proof Virgin Island rum.
c. A chainsaw sold with the safety shielding removed.
d. A Ferrari capable of speeds in excess of 150 mph.
c
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Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $237,000, variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours. The company has provided the following data concerning Job A496 which was recently completed:Number of units in the job20Total machine-hours80Direct materials$500Direct labor cost$2,160The unit product cost for Job A496 is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $133.00 B. $72.20 C. $180.20 D. $45.05
According to Table 6.2 in the text, the comparative evaluation of survey methods, the percentage of the total attempted interviews that are completed refers to the ________ criteria
A) response rate B) control of field force C) social desirability/sensitive information D) perceived anonymity
The arrival rate can generally be described by a(n) ________ distribution
Fill in the blank with correct word.
Compensation for a canceled airline flight is determined by
a. federal law. b. federal regulations. c. airline policy. d. federal and state laws.