A leader observes promotions, favorable job assignments almost all go to majority group members at his organization. Few women are hired for any leadership roles, and almost none are promoted. This leader decides to speak up and point out that this is unfair. This leader has demonstrated ______.
a. his service as a role model
b. courage
c. open ethical communication
d. his own avoidance of abuse
b. courage
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When faced with ethical choices, members of the Main Street law firm look for guidance to state statutes as well as guidelines set forth by the state bar association. Main Street has which type of ethical climate?
A. caring B. law and code C. rules D. independence
Garza Company had sales of $149,000, sales discounts of $2225, and sales returns of $3575. Garza Company's net sales equals:
A. $149,000. B. $146,775. C. $5800. D. $154,800. E. $143,200.
A failure to exercise reasonable care is negligence
Indicate whether the statement is true or false
Gradwell, Inc., manufactures and sells two products: Product K8 and Product I4. 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 K8300 5.0 1,500 Product I4900 3.0 2,700 Total direct labor-hours 4,200 The direct labor rate is $17.20 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per UnitProduct K8$150.20 Product I4$243.70 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 K8Product I4TotalLabor-relatedDLHs$176,064 1,5002,7004,200Machine setupssetups 71,290 4006001,000Order sizeMHs 121,396 4,3004,6008,900 $368,750 If the company allocates all of its overhead based on direct labor-hours using its traditional costing method, the overhead assigned to each unit of Product K8 would be closest to: (Round your intermediate calculations to 2 decimal places.) A. $209.60 per unit B. $68.20 per unit C. $439.00 per unit D. $356.45 per unit