Most states in the United States have adopted strict product liability whereby an injured person may recover damages by showing that a defendant was negligent
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is the best example of bureaucratic control?
A. Southwest Airlines B. Ritz Carlton C. Monica's Diner D. Levi Strauss E. U.S. Army
Effective teams have which of the following?
A) commitment to excellence B) clear goals C) capable team members D) all of the above
Eco-Eliminator Manufacturing produces a chemical pesticide and uses process costing. There are three processing departments—Mixing, Refining, and Packaging. On January 1, the first department—Mixing—had no beginning inventory. During January, 41,000 fl. oz. of chemicals were started in production. Of these, 32,000 fl. oz. were completed, and 9000 fl. oz. remained in process. In the Mixing Department, all direct materials are added at the beginning of the production process, and conversion costs are applied evenly throughout the process. The weighted-average method is used.
At the end of January, the equivalent unit data for the Mixing Department were as follows:
In addition to the above, the cost per equivalent unit were $1.80 for direct materials and $5.25 for conversion costs. Using this data, calculate the cost of the units that were transferred out of the Mixing Department and into the Refining Department.
A) $168,000
B) $110,400
C) $225,600
D) $57,600
Differential analysis is a method that ________.
A) evaluates both relevant and irrelevant information B) considers all areas of the traditional income statement C) is not used for short-term decision making D) looks at how operating income would differ under each decision alternative