A bailee's lien gives the bailee the right to keep possession of the bailed property until reasonable charges for storage and/or repairs are paid

Indicate whether the statement is true or false


True

Business

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A segment is more attractive if it is easy for new competitors to enter the market

Indicate whether the statement is true or false

Business

A manufacturer using the _____ promotional strategy focuses its promotional efforts on end consumers

a. reinforcement b. personal selling c. push d. pull

Business

Parker Corporation has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. At the beginning of the year, manufacturing overhead and direct labor-hours for the year were estimated at $50,000 and 20,000 hours, respectively. In June, Job #461 was completed. Materials costs on the job totaled $4,000 and labor costs totaled $1,500 at $5 per hour. At the end of the year it was determined that the company worked 24,000 direct labor-hours for the year and incurred $54,000 in actual manufacturing overhead costs.If Job #461 contained 100 units, the unit product cost on the completed job cost sheet would be: (Round your intermediate calculations to 2 decimal places.)

A. $62.50 B. $55.00 C. $61.75 D. $63.10

Business

Potential risks for businesses that use social media include productivity loss, embarrassment if employees make damaging posts, and ________

A) weakened recruiting efforts B) higher technical support costs C) attracting the wrath of a huge Internet audience D) losing older employees

Business