What is the usual effect of a nolo contendere plea by the defendant in a government antitrust
case?
A) A penalty imposed on the defendant without an admission of guilt and automatic liability
to any private plaintiffs in related cases
B) An admission of guilt accompanied by a lighter penalty than if a verdict of guilty was
issued following a trial
C) No penalty in the current case, but an increased penalty for any similar future violation
D) A penalty imposed on the defendant without an admission of guilt
E) A requirement that a defendant cease business in the line of business or market where the
violation occurred
D
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Ego Manufacturing produces a pesticide chemical and uses process costing There are three processing departments-Mixing, Refining, and Packaging. On January 1, the Refining Department had 2,000 gallons of partially processed product in production. During January, 33,000 gallons were transferred in from the Mixing Department, and 29,000 gallons were completed and transferred out. At the end of the month, there were 6,000 gallons of partially processed product remaining in the Refining Department. See additional details below.
Refining Department, beginning balance at January 1 Quantity: 2,000 units (partially processed) Cost: $15,600 of costs transferred in $4,500 of materials cost $1,000 of conversion cost 21,100 total account balance Costs added during January Cost of units transferred in $222,400 Direct materials cost $93,750 Conversion cost $48,000 Refining Department, ending balance at January 31 Quantity: 6,000 units (partially processed) Percent complete for materials cost: 90% Percent complete for conversion cost: 75% What was the cost per equivalent unit with respect to conversion costs for the Refining Department in the month of January? (Use the weighted-average method, and round your calculations to the nearest cent.) A) $1.42 B) $1.46 C) $1.40 D) $8.17
Identify eight ways to ensure successful collaboration
What will be an ideal response?