Usury statutes set minimum rates of interest that can be charged for different types of transactions
Indicate whether the statement is true or false
False
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A(n) ________ is a promise to deliver specific benefits associated with products or services to consumers
A) service B) brand C) license D) patent E) alliance
We will most likely adopt a(n) ________ style if we have a low concern for self and high concern for others.
A) Dominating B) Avoiding C) Compromising D) Obliging
Bobzien, Inc., manufactures and sells two products: Product B7 and Product Z5. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-HoursProduct B7300 5.0 1,500 Product Z5800 3.0 2,400 Total direct labor-hours 3,900 The direct labor rate is $15.10 per DLH. The direct materials cost per unit is $136.20 for Product B7 and $204.40 for Product Z5.The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:Activity Cost PoolsActivity MeasuresEstimated Overhead CostExpected Activity???Product B7Product
Z5TotalLabor-relatedDLHs$39,585 1,5002,4003,900Production ordersorders 26,884 5006001,100Order sizeMHs 462,768 4,6004,7009,300 $529,237 The unit product cost of Product B7 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) A. $1,066.17 per unit B. $692.82 per unit C. $890.20 per unit D. $974.69 per unit
The traditional formula for determining damages for a violation of the Robinson-Patman Act was to
a. calculate the estimated amount of lost profits. b. determine the difference between the two prices and multiply the difference by the number of units purchased. c. allow a jury to determine the amount of punitive damages without using any particular formula. d. add both prices together and divide by the number of units purchased.