In the context of Dutch researcher, Fons Trompenaars's relationship orientations, cultures with high universalism focus more on relationships and trust than on formal rules.
Answer the following statement true (T) or false (F)
False
In the context of Dutch researcher, Fons Trompenaars's relationship orientations, in cultures with high universalism, the focus is more on formal rules than on relationships. Business contracts are adhered to very closely and, people believe that "a deal is a deal."
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Identify the participial phrase in the sentence. The story, published last week, delighted many readers
Walter worked nights as a clerk in a fast-food store. On his last work shift, Walter's boss told him, "I'm really grateful for the year that you have worked here. I am going to give you a bonus of $1,000 in your last paycheck." When Walter got his last paycheck, there was no bonus. If Walter sues, the likely result will be:
a. Walter will win, as the promise is enforceable. b. Walter will lose, as he gave no consideration. c. Walter will lose unless the promise was in writing. d. Walter will win, as no consideration is required to modify an employment contract.
Rao Construction recently reported $28.00 million of sales, $12.60 million of operating costs other than depreciation, and $3.00 million of depreciation. It had $8.50 million of bonds outstanding that carry a 7.0% interest rate, and its federal-plus-state income tax rate was 40%. What was Rao's operating income, or EBIT, in millions?
A. $11.66 B. $11.78 C. $12.15 D. $12.40 E. $13.52
Held Incorporated makes a single product--an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below:?Budgeted (Planned) Overhead:???Budgeted variable manufacturing overhead$65,520??Budgeted fixed manufacturing overhead256,165??Total budgeted manufacturing overhead$321,685??????Budgeted production (a)35,000 units?Standard hours per unit (b)1.30 machine-hours?Budgeted hours (a) × (b)45,500 machine-hours?????Applying Overhead:???Actual production (a)36,000 units?Standard hours per unit (b)1.30 machine-hours?Standard hours allowed
for the actual production (a) × (b)46,800 machine-hours?????Actual Overhead and Hours:???Actual variable manufacturing overhead$93,528??Actual fixed manufacturing overhead240,165??Total actual manufacturing overhead$333,693??Actual hours43,300 machine-hours?Actual variable overhead rate$2.16 per machine-hourRequired:a. Compute the variable component of the company's predetermined overhead rate.b. Compute the fixed component of the company's predetermined overhead rate.c. Compute the company's predetermined overhead rate.d. Determine the variable overhead rate variance for the year.e. Determine the variable overhead efficiency variance for the year.f. Determine the fixed overhead budget variance for the year.g. Determine the fixed overhead volume variance for the year.h. Determine whether overhead was underapplied or overapplied for the year and by how much. What will be an ideal response?