A sales representative at Oxtren, Inc orally told the purchasing agent at Wety, Inc that its industrial saw is exceptional. Which statement is correct concerning the claim that the saw is exceptional?
a. The claim is an express warranty.
b. The claim is an implied warranty of merchantability.
c. The claim is not a warranty because it is not in writing.
d. The claim is not a warranty because it is sales puffery.
d
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Compared with other displaced workers, ______________ workers tend to face ______________ adjustment costs as they must endure longer ______________ spells and larger wage losses once reemployed.
a. trade-displaced, higher, unemployment b. unemployed, higher, nonproductive c. trade-displaced, lower, unemployment d. unemployed, lower, nonproductive
The company with the highest ratio of costs of conformance to total costs of quality is the most likely to succeed
Indicate whether the statement is true or false
Depreciation expense is higher in earlier years and income is higher in the later years when using accelerated versus straight-line methods.
Answer the following statement true (T) or false (F)
The following data is given for the Harry Company: Budgeted production 26,000 units Actual production 27,500 units Materials: Standard price per ounce $6.50 Standard ounces per completed unit 8 Actual ounces purchased and used in production 228,000 Actual price paid for materials $1,504,800 Labor: Standard hourly labor rate $22 per hour Standard hours allowed per completed unit 6.6 Actual labor
hours worked 183,000 Actual total labor costs $4,020,000 Overhead: Actual and budgeted fixed overhead $1,029,600 Standard variable overhead rate $24.50 per standard labor hour Actual variable overhead costs $4,520,000 Overhead is applied on standard labor hours. The direct labor time variance is: A) 6,000F B) 6,000U C) 33,000U D) 33,000F