Which of the following products/services is high in search qualities?
A) jewelry
B) child care
C) television repair
D) legal services
A
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Is negotiation a voluntary decision, or are we required to negotiate?
What will be an ideal response?
Which of the following financial statements is concerned with the enterprise at a point in time?
A) Statement of retained earnings B) Income statement C) Statement of cash flows D) Balance sheet
All of the following are correct about international strategy except:
A. International strategy needs to be consistent among the various functions, products, and regional units of the company. B. International strategy needs to be consistent with the demands of the international competitive environment. C. International strategy is the basis for establishing a company's mission and vision. D. International strategy has a goal of achieving and maintaining competitive advantage. E. International strategy is concerned with the way firms make fundamental choices about developing and deploying scarce resources internationally.
Daget Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $364,140. At the end of the year, actual direct labor-hours for the year were 24,000 hours, manufacturing overhead for the year was overapplied by $8,060, and the actual manufacturing overhead was $359,140. The predetermined overhead rate for the year must have been closest to:
A. $15.43 per direct labor-hour B. $14.96 per direct labor-hour C. $15.17 per direct labor-hour D. $15.30 per direct labor-hour