The Uniform Commercial Code has been adopted, at least in part, in

a. all states.
b. forty-five states.
c. thirty-five states.
d. no state.

a

Business

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Broadway Corporation was granted a patent on a product on January 1, 2001. To protect its patent, the corporation purchased on January 1, 2012 a patent on a competing product which was originally issued on January 10, 2008. Because of its unique plant, Broadway Corporation does not feel the competing patent can be used in producing a product. The cost of the competing patent should be

a. amortized over a maximum period of 20 years. b. amortized over a maximum period of 16 years. c. amortized over a maximum period of 9 years. d. expensed in 2012.

Business

Becky's Bakery sells three large muffins for every two small ones

A small muffin sells for $3.50 with a variable cost of $2.00. A large muffin sells for $6.00 with a variable cost of $3.00. What is the weighted-average contribution margin? (Round any intermediate calculations and your final answer to the nearest cent.) A) $4.75 per muffin B) $2.25 per muffin C) $4.50 per muffin D) $2.40 per muffin

Business