CS

Christopher Skrotzki

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CS

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The value assigned to stock warrants for a noncompensatory stock option plan is calculated as

A) the excess of the quoted market price over the option price for the specified number of shares on the measurement date
B) the excess of the fair value of the employee services over the cash compensation paid over the required service period
C) zero
D) the excess of the quoted market price over the option price for the specified number of shares on the date that the options are exercised

On Jul 21, 2024


C
CS

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The management of Schneiter Corporation would like to investigate the possibility of basing its predetermined overhead rate on activity at capacity rather than on the estimated amount of activity for the year. The company's controller has provided an example to illustrate how this new system would work. In this example, the allocation base is machine-hours and the estimated amount of the allocation base for the upcoming year is 42,000 machine-hours. In addition, capacity is 46,000 machine-hours and the actual activity for the year is 43,000 machine-hours. All of the manufacturing overhead is fixed and is $734,160 per year.Required:a. Determine the predetermined overhead rate if the predetermined overhead rate is based on activity at capacity.b. Determine the cost of unused capacity for the year if the predetermined overhead rate is based on activity at capacity.

On Jul 16, 2024


a.Predetermined overhead rate = Estimated total manufacturing overhead at capacity ÷ Estimated total amount of the allocation base at capacity = $734,160 ÷ 46,000 machine-hours = $15.96 per machine-hourb.
a.Predetermined overhead rate = Estimated total manufacturing overhead at capacity ÷ Estimated total amount of the allocation base at capacity = $734,160 ÷ 46,000 machine-hours = $15.96 per machine-hourb.
CS

Answered

In a business plan outline, the ___ provides details of cash flow estimate for one to five years, break-even points, and phased investment capital.

A) staffing description
B) financial projection
C) capital need
D) milestones
E) operations description

On Jun 20, 2024


B
CS

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As our society moves from an industrial to a knowledge-based economy, employees are gaining

A) reward power.
B) legitimate power.
C) referent power.
D) expert power.
E) coercive power.

On Jun 15, 2024


D
CS

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Because marginal revenue product reflects productivity, increases in productivity directly shift

A) input supply curves to the left.
B) input demand curves to the left.
C) input supply curves to the right.
D) input demand curves to the right.

On Jun 14, 2024


D
CS

Answered

In the context of the Situational Leadership model, a participating style involves:

A) high task behavior and low relationship behavior.
B) high task behavior and high relationship behavior.
C) high relationship behavior and low task behavior.
D) low relationship behavior and low task behavior.

On May 15, 2024


C
CS

Answered

Organic Frozen Foods Corporation is subject to regulations issued by the Food and Drug Administration, which is a federal agency. These regulations are part of the body of

A) administrative law.
B) legislative law.
C) executive law.
D) judicial law.

On May 13, 2024


A
CS

Answered

In what three situations will a seller recover the price of goods plus incidental damages?

On May 12, 2024


The Code permits the seller to recover the price plus incidental damages in the following situations:
a. Where the buyer has accepted the goods;
b. Where conforming goods have been lost or damaged after the risk of loss has passed to the buyer.
c. Where the goods have been identified to the contract and there is no ready market available for their resale at a reasonable price.