In most states, children under the age of 18 cannot make valid wills

Indicate whether the statement is true or false


True

Business

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Halo effects can be positive or negative.

Answer the following statement true (T) or false (F)

Business

Identity theft may be defined as the use of another's name to obtain some illegal gain through financial instruments held or owned by another

Indicate whether the statement is true or false

Business

Creating entertainment and suggestive brand messages that are designed to be passed along at an exponential rate is known as ____________________________.

a. Conversation creation b. Viral Marketing c. Stealth Marketing d. Buzz Marketing

Business

Njombe Corporation manufactures a variety of products. In the past, Njombe has been using a traditional costing system in which the predetermined overhead rate was 150% of direct labor cost. Selling prices had been set by multiplying total product cost by 200%. Sensing that this system was distorting costs and selling prices, Njombe has decided to switch to an activity-based costing system for manufacturing overhead costs that uses the three activity cost pools listed below. Selling prices are still to be set at 200% of unit product cost under the new system. Information on these cost pools for next year are as follows: Activity Cost PoolActivity MeasureEstimated ActivityEstimated Overhead Cost?Machine SetupsNumber of setups400$150,000 ?Quality ControlNumber of

inspections1,500$180,000 ?Other OverheadMachine hours30,000$480,000 ??  Information (on a per unit basis) related to three popular products at Njombe are as follows:  Model #19Model #36Model #58Direct material cost$400 $540 $310 Direct labor cost$810 $600 $220 Number of setups 2  3  1 Number of inspections 1  3  1 Number of machine hours 4  8  10   Under the activity-based costing system, what would be the selling price of one unit of Model #36? A. $2,712 B. $2,536 C. $5,506 D. $4,080

Business