The fact that e-commerce is conducted on the basis of universal standards increases search costs for consumers

Indicate whether the statement is true or false

FALSE

Business

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Dunby, Inc is a consulting firm that offers optimal legal solutions. It allocates indirect costs using a single predetermined overhead allocation rate with direct labor hours as the allocation base. The estimated indirect costs for this year amount to $160,000. The company is expected to work 6,000 direct labor hours during the year. The direct labor rate is $200 per hour. Clients are billed at 120% of direct labor cost. Last month, Dunby's consultants spent 170 hours on Xyme, Inc What is the predetermined overhead allocation rate per direct labor hour?

A) $800 per hour B) $27 per hour C) $941 per hour D) $30 per hour

Business

The ________ is equal to current market demand divided by market potential

A) share development index (SDI) B) market development index (MDI) C) business share index (BSI) D) market share index (MSI) E) sales growth index (SGI)

Business