A given constraint has 40 unused hours. The shadow price for this resource would most likely be zero

Indicate whether the statement is true or false

TRUE

Business

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River Rafting Adventures of Iowa provides rafts and tour guides to tourists eager to ride the wild rivers of Iowa. Management has determined that there is one chance in a thousand of a client being injured or killed. Settlement of resulting lawsuits have an average cost of $650,000. Insurance with a $50,000 deductible is available. It covers the costs of lawsuits, unless there is evidence of criminal negligence. Based on cost-benefit analysis, what is the most that the business should pay for the insurance?

A) $500 B) $650 C) $600 D) $50

Business

The Assembly Department of ZigZag, Inc, manufacturer of computers, incurred $280,000 in direct material costs and $70,000 in conversion costs

The equivalent units of production for direct materials and conversion costs are 1,000 and 900, respectively. The cost per equivalent unit of production for direct materials is ________. (Round your answer to the nearest cent.) A) $77.78 B) $70.00 C) $311.11 D) $280.00

Business