Rosemary agrees to trim the four oak trees in front of John's house for $100 . They have reached an agreement on the amount of trimming and what will be done with the cut branches. This is most likely a(n):
a. executory contract governed by the statute of frauds.
b. express contract governed by the common law.
c. executory governed by the UCC.
d. express contract governed by the UCC .
b
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Household Storez, a local retail store, claims to offer better products at lower prices than other retail stores. In this case, the firm's positioning reflects a ________ value proposition
A) more-for-the same B) more-for-less C) same-for-less D) more-for-more E) same-for-more
Bachrodt Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the company's three activity cost pools--Processing, Supervising, and Other. The costs in those activity cost pools appear below: Processing$21,600Supervising$3,700Other$10,700Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below MHs (Processing)Batches (Supervising)Product Y73,700400Product V06,300600Total10,0001,000Finally, sales and direct cost data are combined with Processing and Supervising costs to determine product margins. Product Y7Product V0?Sales
(total)$102,200$78,900?Direct materials (total)$40,800$39,100?Direct labor (total)$47,200$22,300?What is the overhead cost assigned to Product Y7 under activity-based costing? A. $18,000 B. $9,472 C. $7,992 D. $1,480
Manufacturers that produce a large number of homogeneous products are most likely to use which of the following?
A) job-order costing B) process costing C) sequential costing D) parallel costing
Specific performance of personal service contracts is not granted
Indicate whether the statement is true or false