Groupthink results when a team's cohesiveness suppresses the free flow of ideas

Indicate whether the statement is true or false


True

Business

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Department G had 3,600 units, 40% completed at the beginning of the period, 12,000 units were completed during the period, 2,000 units were one-fifth completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period $60,000 Costs added during period: Direct materials (10,400 at

$9.8365 ) 102,300 Direct labor 79,800 Factory overhead 25,200 Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out method of inventory costing is used, what is the material and conversion cost per unit (to the nearest penny), respectively. A) $5.94 and $5.86 B) $5.94 and $6.38 C) $8.00 and $8.68 D) $9.84 and $9.58

Business

Gliding Light, LLC, and Hang Gliders, Inc, are parties to a contract. They subsequently agree that High Riders Inc should take Gliding Light's place and assume all of its rights and duties under the contract. This is

a. a mutual agreement to rescind. b. an accord and satisfaction. c. a novation. d. a settlement agreement.

Business

Osvaldo was attempting to promote a corporation to be named Xavier, Inc In that capacity, Osvaldo signed a lease in the name of Xavier and ordered furniture in the company's name. The corporation was in fact formed and the board of directors, knowing of

the actions of Osvaldo, moved into the space Osvaldo had leased. Upon delivery and inspection of the furniture Osvaldo ordered, numerous defects were discovered, and the furniture was accordingly rejected and returned to the seller. The corporation was not successful, and as a result, the rent was not paid. Osvaldo was sued for the unpaid rent and for breach of contract concerning the furniture. The corporation was sued on the same grounds. Decide the cases against Osvaldo and Xavier, Inc

Business

An optimistic approach is based on the assumption that the majority of the database operations do not conflict

a. True b. False Indicate whether the statement is true or false

Business