Not only do women and men perceive negotiations in different ways, there is evidence that women in negotiations are often treated worse than men during negotiations.
Answer the following statement true (T) or false (F)
True
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A car salesperson is employed to sell the principal's car, and the principal tells the agent that the car was repaired after it was involved in a major accident. If the agent intentionally tells the buyer that the car was never involved in an accident, the agent has committed the tort of ________.
A. assault B. intentional misrepresentation C. false advertising D. libel
The percentage-of-sales method leads to a budget set by market opportunities rather than by the availability of funds
Indicate whether the statement is true or false
Beacon Novelties manufactures frisbees that it sells to other companies for customizing with their own logos. Beacon prepares flexible budgets and uses a standard cost system to control manufacturing costs. The standard unit cost of a frisbee is based on static budget volume of 60,000 frisbees per month:
Actual cost and production information for June 2019 follows:
a. There were no beginning or ending inventory balances. All expenditures were on account.
b. Actual production and sales were 62,000 frisbees.
c. Actual direct materials usage was 10,000 lbs. at an actual cost of $0.24 per lb.
d. Actual direct labor usage was 208,000 minutes at a total cost of $37,440.
e. Actual overhead cost was $8,000 variable and $30,000 fixed.
f. Selling and administrative costs were $130,000
Requirements
1. Compute the cost and efficiency variances for direct materials and direct labor.
2. Journalize the purchase and usage of direct materials and the assignment of direct labor, including the related variances.
The Bahouth Company wants to develop a sales forecast for a fast-selling new product line it has introduced, in order to help plan future production. The following information has been gathered by the Marketing Department
The past weekly average is 4,200 and the trend has been 250 additional units per week. This week's demand was 4,600 units. Using trend adjusted exponential smoothing, calculate the forecasted sales for next week? (Suppose ? = 0.20 and ?= 0.40.)