As it pertains to consideration, which of the following constitutes value?
A. an illusory promise
B. a preexisting duty
C. a forbearance
D. All of these are correct.
Answer: C
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A major portion of many research budgets is devoted to ________ research, performed by administering questionnaires to people
A) focus group B) survey C) interview D) simulation
________ can compare two or more data sets to identify patterns and trends.
A. Competitive analysis B. Data-driven decision management C. Comparative analysis D. Competitive monitoring
Gradwell, Inc., manufactures and sells two products: Product K8 and Product I4. 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 K8300 5.0 1,500 Product I4900 3.0 2,700 Total direct labor-hours 4,200 The direct labor rate is $17.20 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per UnitProduct K8$150.20 Product I4$243.70 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 K8Product I4TotalLabor-relatedDLHs$176,064 1,5002,7004,200Machine setupssetups 71,290 4006001,000Order sizeMHs 121,396 4,3004,6008,900 $368,750 The overhead applied to each unit of Product I4 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) A. $69.72 per unit B. $243.00 per unit C. $307.29 per unit D. $263.40 per unit
Which of the following is one of the four basic factors that affect group performance?
A. Escalation of commitment B. Groupthink C. Task deformation D. Composition E. Social loafing