Mutuality in a contract would ordinarily be indicated by

For product-costing purposes, which of the following statements is true?

a. Only standard variable overhead costs are included since these costs change in response to cost drivers. b. Standard costing is not permissible under generally accepted accounting principles (GAAP). c. Under the absorption or full-costing approach it is necessary to "unitize" fixed overhead costs. d. Total fixed overhead costs are applied to production (output) as a "lump-sum" amount. e. The amount of standard fixed overhead costs for product-costing and for control purposes is the same.

Jose Lopez was a senior vice president of design for a major electronics company Data Inc In his employment contract it stated that he must give Data Inc 6 months' notice if he was leaving

Data Inc was in financial trouble and Jose was offered the job as vice president of a competitor, Software Ltd. so he gave Data Inc 2 months' notice he was leaving. Data Inc was furious and as a result has decided to sue Jose. As a result which of the following statements is FALSE? A) Data Inc. can be awarded damages but it cannot force Jose to come back and work for Data Inc. B) Jose can be liable for wrongful resignation C) Software Ltd. can be liable for inducing breach of contract D) Jose Lopez owed Data Inc. a fiduciary duty E) Jose Lopez can be forced to return to work for Data Inc. for 4 more months