1.Borden Enterprises uses standard costing. For the month of April, the company reported the following data: -Standard direct labor rate: $10 per hour -Standard hours allowed for actual production: 8,000 hours – Actual direct labor rate: $9.50 per hour -Labor efficiency variance: $4,800 Favorable The labor rate variance for April is: A. $3,760 U B. […]
Question 1 Which of the following statements is incorrect? Basing one’s behavior on the adage, “Do unto others as you would have them do unto you,” is part of Kantian ethics. An ethical theory that says each person is presumed to have entered into an agreement with all others in society to obey moral rules […]
Question 1 Engel Tool Company’s decision-makers view a particular risk in the use of the company’s product as “open and obvious.” Continuing to market the product without telling consumers of the risk could be best justified from a perspective of Aristotle’s Virtue Ethics Kantian ethics Natural Law theory Utilitarian ethics. Question 2 Fine […]
1. Sara enters an agreement with Darryl in which Darryl agrees to purchase a vacuum cleaner from Sara. Darryl signs a valid promissory note in favor of Sara, agreeing to pay $1,500 within 12 months. To close the sale, Sara misleads Darryl into believing that the vacuum cleaner is absolutely guaranteed to remove 100% of […]
1. Eagle Manufacturing, Inc., contracted with Digital Repair Services to maintain Eagle’s computers. A “Liquidated Damages Clause” provides that Digital will pay Eagle $500 for each day that Digital is late in responding to a service request. If Digital is three days late in responding, and Eagle sues to enforce this clause, Eagle will A) […]
1. Which of the following would most likely involve ethical concerns? A. Overstating an expense report. B. Forecasting sales for the next year. C. Developing the marketing plan for the next year. D. Improving working conditions. 2. Jake recently invested in a Hottie Potatee franchised business that serves potatoes with all the trimmings. The […]
1. When Kevin started his car in the parking lot, he also turned on the radio to his favorite station. As he entered the street next to the campus, he turned the radio up due to the increased background noise in the car. Entering the highway, he again increased the volume until he could hear […]
1. Which angle measure is consistent with allof the following criteria? (i) The reference angle is 40°. (ii) The angle is more than one revolution. (iii) The angle’s terminal side is in Quadrant II. (iv) The angle isn’t positive. A. –220° B. 500° C. –500° D. –580° 2. A. x = 12 B. x = 10 C. x = 15 […]
1. Dickie “Mulehorse” Nixon was the star fullback for Whittier College football team. After missing two practices, Nixon was “dropped” from the team by Archie Cox, the head football coach. Following his dismissal, Nixon met with Cox and asked if he could rejoin the team. Cox told Nixon that he was despised by the other […]
1. Brenda wrote a check to Kelli for $50, to be drawn from her account at Beverly Bank. Beverly Bank refused to cash the check. Which one of the following correctly states Brenda’s liability in this situation? A. Brenda is secondarily liable if she is given timely notice of the dishonor. B. Brenda is primarily […]
