The use of first-person pronouns (I or we) are generally acceptable in a formal report
Indicate whether the statement is true or false
F
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Emily has a problematic employee, and uses the critical-thinking methodology to consider the situation. She starts by suspending her own bias, and recording his actual behaviors while at work. Emily is engaging in which step of the critical-thinking methodology?
A. observe B. interpret C. evaluate D. explain
A covenant is an unconditional promise to perform
Indicate whether the statement is true or false
A buyer's commercially reasonable charges for the care and custody of goods that a buyer has rightfully rejected are known as:
a. incidental damages. b. liquidated damages. c. consequential damages. d. cover charges.
Coudriet Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products using a predetermined overhead rate based on direct labor-hours (DLHs). The company has two products, P93S and N40S, about which it has provided the following data: P93SN40SDirect materials per unit$21.90 $54.80 Direct labor per unit$8.80 $13.20 Direct labor-hours per unit 0.80 1.20 Annual production (units) 35,000 15,000 The company's estimated total manufacturing overhead for the year is $2,172,580 and the company's estimated total direct labor-hours for the year is 46,000. The company is considering using a variation of activity-based costing to determine its unit product costs for external reports. Data for this proposed activity-based
costing system appear below: Activities and Activity MeasuresEstimatedOverhead CostDirect labor support (DLHs)$552,000 Setting up machines (setups) 419,980 Part administration (part types) 1,200,600 Total$2,172,580 Expected Activity P93SN40STotalDLHs28,00018,00046,000Setups2,1621,6563,818Part types1,8862,1164,002 The unit product cost of product P93S under the company's traditional costing system is closest to: A. $63.26 B. $30.70 C. $40.30 D. $68.48