Compared to television or radio, print advertising has more permanence.
Answer the following statement true (T) or false (F)
True
Compared to television or radio, print advertising has more permanence. Since it stays around for a while, it may be read more than once or passed along to other readers.
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Recurring costs include: hardware maintenance, software acquisition, software maintenance, insurance, supplies and personnel costs
Indicate whether the statement is true or false
The management accountant at Morrison, Inc. provided the following estimated costs for producing 2,500 units of a specialty product manufactured by the firm:
The company believes that direct labor hours are the most appropriate cost driver for assigning overhead costs to its product.Required:1) Compute the predetermined overhead rate for this company.2) Compute the specialty product's total estimated cost per unit.3) Why do firms assign overhead costs using a predetermined overhead rate instead of assigning actual costs?
What will be an ideal response?
Ronco, a retailer of toys, rejected a shipment of dolls from Jasper, a wholesaler, because they were not the original ones that were ordered. Ronco called Jasper and requested that the proper dolls be shipped. Jasper said he could not because his stock had been depleted. Ronco then went to another seller, purchased the dolls he wanted from that seller, and sued Jasper for the extra costs he
(Ronco) incurred. In this case, Ronco used the remedy of a. specific performance. b. cover. c. replevin. d. conformity.
Which of the following is a legal protection associated with registering a trademark:
a. state payment of court fees associated with suing for infringement b. legal assistance by Trademark Office in case of challenge to mark c. federal court jurisdiction, if desired d. all of the other specific choices are correct e. none of the other specific choices are correct