Jason, a golf pro, signed a one-year contract with the owner of a private country club as a golf instructor. Three months after Jason started work, the owner of the club sold out to Curry. The owner also assigned the remaining nine months of Jason's contract to Curry. Would Jason legally be required to work for Curry?
a. Yes, because a contract had been signed by Curry and the owner of the private club.
b. Yes, because Jason had only nine months left on his contract.
c. No, not unless Jason consented to the assignment.
d. No, not unless the private club was willing to open its membership to the public.
C
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Wanger, Inc., manufactures and sells two products: Product G1 and Product F2. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-HoursProduct G1800 9.0 7,200 Product F2800 11.0 8,800 Total direct labor-hours 16,000 The direct labor rate is $15.30 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per UnitProduct G1$100.50 Product F2$292.00 The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:Activity Cost PoolsActivity MeasuresEstimated Overhead
CostExpected Activity???Product G1Product F2TotalLabor-relatedDLHs$732,480 7,2008,80016,000Machine setupssetups 53,809 400300700Order sizeMHs 600,525 3,8003,7007,500 $1,386,814 The overhead applied to each unit of Product G1 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) A. $866.76 per unit B. $780.12 per unit C. $380.33 per unit D. $830.79 per unit
What is view integration?
Which of the following accounting principles requires that warranty expense must be estimated and recognized in the same period when the related sales revenue is recognized?
A) the matching principle B) the disclosure principle C) the revenue principle D) the consistency principle
Survey data from CEOs of the 162 largest firms on the Fortune's list of the 500 largest U.S. corporations revealed that the CEOs strongly believed that international business skills and knowledge were important not merely for promotion to senior executive positions but also for appointment to _____ positions.
Fill in the blank(s) with the appropriate word(s).