A contract to purchase stocks and bonds is governed by Article 2 of the UCC
a. True
b. False
Indicate whether the statement is true or false
False
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The primary trial court in the federal system is the
a. United States district court. b. United States Supreme Court c. United States appellate courts. d. various appeals courts.
Allison is contemplating a job offer with an advertising agency where she will make $54,000 in her first year of employment. Alternatively, Allison can begin to work in her father's business where she will earn an annual salary of $38,000. If Allison decides to work with her father, the opportunity cost would be:
A. $54,000. B. $92,000. C. $0. D. $38,000. E. irrelevant in deciding which job offer to accept.
Dallavalle Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Variable costs per unit: Direct materials$93Fixed costs per year: Direct labor$320,000Fixed manufacturing overhead$2,144,000Fixed selling and administrative expenses$1,364,000 The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 32,000 units and sold 31,000 units. The company's only product is sold for $238 per unit.The company is considering using either super-variable costing or an absorption costing system that assigns $10 of direct labor cost and $67 of fixed manufacturing overhead to each unit that is produced.
Which of the following statements is true regarding the net operating income in the first year? A. Super-variable costing net operating income exceeds absorption costing net operating income by $1,000. B. Absorption costing net operating income exceeds super-variable costing net operating income by $77,000. C. Super-variable costing net operating income exceeds absorption costing net operating income by $77,000. D. Absorption costing net operating income exceeds super-variable costing net operating income by $1,000.
The systems development life cycle (SDLC) process follows a linear sequence from requirements to design to implementation. Therefore, the systems development life cycle (SDLC) process is also known as the ________
A) waterfall method B) swim-lane method C) scrum process D) agile development method