If A and B are mutually exclusive events, then P(A ? B) = 0
A) True B) False
B
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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
Intangible assets ________.
A) represent assets for which the market value cannot be determined B) are not recorded in the books because they have no physical substance C) convey special rights from patents, copyrights, trademarks, and other creative works D) All of the statements are correct.
If our actions are strictly for our own benefit, what type of result could occur?
a. Supportive environment b. Personal security c. Hostile world in the long run d. Friendly world in the long run
Causation in fact refers to a point along a chain of events caused by a negligent party after which this party is no longer legally responsible for the consequences of his or her actions.
Answer the following statement true (T) or false (F)