Suppose you have just paid a nonrefundable fee on $1000 for your meal plan for this academic term. This allows you to eat dinner in the cafeteria every evening. a. You are offered a part-time job at a restaurant where you can eat for free each evening. Your parents say that you should eat dinner in the cafe anyway, since you have already paid for the meals. Are your parents right? Explain, why or why not. b. You are offered a part-time job at a different restaurant where, rather than being able to eat for free, you receive only a large discount on your meals. Each meal would cost you $2; if you eat there each evening this semester, it will add up to $200. Your roommate says you should eat in the restaurant since it costs less than $1000 that you paid for the meal plan. Is your roommate right? Explain why or why not.

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct.d.

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.

You operate a small advertising agency. you employ two secretaries, a graphic designer, three sales representatives, and an office coordinator. 1. what types of things would you consider when determining how to compensate each position? describe two (2) considerations. 2. what type of compensation plan would you use for each position?