Saul Goodman represents several clients and bills at $400 per hour. He forgot to record the time it took to complete each activity, but he knows his eight hour day was spent representing three clients involved in one high profile case
He also remembers that Walt told him once that his learning curve percentage was 85%. How much more should Saul bill his first client than his third client?
A) about $277
B) about $292
C) about $303
D) about $283
Answer: A
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A purchase order is prepared by the seller and sent to the buyer with the shipment
Indicate whether the statement is true or false
Baughn Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$115 Units in beginning inventory 0Units produced 6,600Units sold 6,400Units in ending inventory 200 Variable costs per unit: Direct materials$26Direct labor$46Variable manufacturing overhead$7Variable selling and administrative expense$9Fixed costs: Fixed manufacturing overhead$105,600Fixed selling and administrative expense$51,200What is the unit product cost for the month under variable costing?
A. $79 per unit B. $88 per unit C. $104 per unit D. $95 per unit
The use of Lean Six Sigma has ______.
a. increased complacency in the workplace b. created an organizational climate in which innovation has become instinctive c. created a hostile work environment d. eliminated the need for ISO standards
Martinson used his van to deliver illegal drugs to users throughout a particular city. Because the van was old, he decided to trade it in for a new van. The contract that Martinson makes with the car agency to purchase a new van is
a. illegal; therefore, Martinson would not have to pay for the van when it is delivered to him. b. legal; therefore, Martinson would have to pay for the van when it is delivered to him. c. illegal; therefore, when Martinson receives the van, he must return it to the car agency. d. illegal; therefore, Martinson would not have to pay for the van when it is delivered to him, but when Martinson receives the van, he must return it to the car agency.