Attorneys, auctioneers, and other such persons who conduct business on behalf of the principal are examples of:
a. agents who are also employees
b. independent contractors who are also agents
c. independent contractors who are also employers d. agents who are also employers
e. none of the other choices are correct
b
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Tremble Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Variable costs per unit: Direct materials$99?Fixed costs per year: Direct labor$822,800?Fixed manufacturing overhead$3,678,400?Fixed selling and administrative expenses$3,736,000?The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 48,400 units and sold 46,700 units. The company's only product is sold for $198 per unit.Assume that the company uses an absorption costing system that assigns $17 of direct labor cost and $76 of fixed manufacturing overhead to each unit that is produced. The unit product cost under this
costing system is: A. $272 per unit B. $116 per unit C. $99 per unit D. $192 per unit
When setting up a compensation system, what issues does an organization need to address to determine its compensation philosophy?
What will be an ideal response?
What factor has encouraged the trend of empowerment?
a. Organizational downsizing b. Globalization c. The shift toward teamwork d. Technology
What is meant by strategic default behavior?
What will be an ideal response?