Developing corporate entrepreneurial managers involves teaching them to
a. conduct business as usual
b. break out of the box.
c. give across-the-board raises.
d. think of new ad campaigns.
ANSWER: b
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The open job market? refers to positions that you can apply for without submitting a résumé
Indicate whether the statement is true or false
Discharge relieves the debtor in bankruptcy from liability for all of his debts
a. True b. False Indicate whether the statement is true or false
Ted died on May 3. At the time of his death, he owned a beach house valued at $250,000. On June 10, the beach house was completely destroyed by a hurricane and there was no insurance coverage. If the executor elects to use the alternate valuation date, the executor will
A) include the beach house in the gross estate at $250,000. B) take a casualty loss of $250,000 on the estate tax return. C) take a casualty loss of $250,000 on the estate's income tax return. D) include the beach house in the gross estate at $0.
Teehan, Inc., manufactures and sells two products: Product U2 and Product W5. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected ProductionDirect Labor-Hours Per UnitTotal Direct Labor-HoursProduct U24006.02,400Product W52008.01,600Total direct labor-hours 4,000The direct labor rate is $20.40 per DLH. The direct materials cost per unit for each product is given below: Direct MaterialsCost per UnitProduct U2$249.40 Product W5$164.40 The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: EstimatedExpected ActivityActivity Cost PoolsActivity MeasuresOverhead CostProduct U2Product
W5TotalLabor-relatedDLHs$92,1202,4001,6004,000Machine setupssetups 18,4685007001,200Order sizeMHs 202,5473,1002,8005,900 $313,135 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 W5 would be closest to: (Round your intermediate calculations to 2 decimal places.) A. $626.24 per unit B. $123.12 per unit C. $274.64 per unit D. $184.24 per unit