The Patent Cooperation Treaty applies to:
a. design patents.
b. European patents.
c. utility patents.
d. All of the above
c
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Answer the following statements true (T) or false (F)
1. The fixed overhead volume variance is a cost variance that explains why fixed overhead is overallocated or underallocated. 2. The fixed overhead volume variance is a volume variance, not a cost variance. 3. The fixed overhead volume variance reveals underallocated fixed overhead costs. 4. Because it is a cost variance, the fixed overhead volume variance explains why fixed overhead is underallocated or overallocated. 5. Because it is a volume variance, the fixed overhead volume variance explains why fixed overhead is underallocated or overallocated.
Under Ohio's state constitution, the Ohio Environmental Protection Agency issues a new rule, the Polk County Commission approves a new property tax measure, and the professors and students at Ohio Law School publish the results of their most recent legal research. Sources of law include
A) ?the measures approved by local governing bodies. B) the results of legal scholars' research. C) the rules issued by state administrative agencies. D) the measures approved by local governing bodies and the rules issued by state administrative agencies.
Maccarone Corporation manufactures numerous products, one of which is called Tau10. The company has provided the following data about this product:?Unit sales130,000?Selling price per unit$36.00?Variable cost per unit$21.00?Traceable fixed expense$1,690,000Required:a. What net operating income is the company earning now on its sales of Tau10?b. Management is considering decreasing the price of Tau10 by 5%, from $36.00 to $34.20. The company's marketing managers estimate that this price reduction would increase unit sales by 10%, from 130,000 units to 143,000 units. Assuming that the total traceable fixed expense does not change, what net operating income will Tau10 earn at a price of $34.20 if this sales forecast is correct?c. Assuming that the total traceable fixed expense does
not change, if Maccarone decreases the price of Tau10 to $34.20, what percentage change in unit sales would provide the same net operating income that it currently earns at a price of $36.00? (Round your answer to the nearest one-tenth of a percent.) What will be an ideal response?
A question of ethics
Erwin Ernst was the sole shareholder and chief executive officer of Matchmaker Real Estate Sales Center, Inc, located in Chicago. During 1987 and 1988, the Leadership Council for Metropolitan Open Communities, a nonprofit corporation, conducted a series of tests to see if Matchmaker sales agents engaged in "racial steering"—that is, directing white home buyers to homes in white neighborhoods and black home buyers to homes in black or mixed neighborhoods. In each test, one white couple and one black couple, evenly matched with regard to financial qualifications and housing needs, were sent to Matchmaker and told Matchmaker that they were looking for homes in southwest Chicago. Matchmaker agents consistently directed the white couples to higher-priced homes in white neighborhoods and the black couples to lower-priced homes in black or racially mixed neighborhoods. The city of Chicago, the Leadership Council, and the individual testers (the plaintiffs) all sued Matchmaker for violations of federal laws prohibiting racial discrimination and discrimination in housing. The court found the real estate agents to be employees, not independent contractors, and both Ernst and his corporation, Matchmaker, were held liable for compensatory damages under the doctrine of respondeat superior. The agents were held liable for both compensatory and punitive damages.