# Register now to access 7 million high quality study materials (What's Course Hero?) Course Hero is the premier provider of high quality online educational resources. With millions of study documents, online tutors, digital flashcards and free courseware, Course Hero is helping students learn more efficiently and effectively. Whether you're interested in exploring new subjects or mastering key topics for your next exam, Course Hero has the tools you need to achieve your goals.

3 Pages

### 201-Recitation Problems-CHECK FIGURES-S'11 (1)

Course: MGMT 201, Spring 2009
Rating:

Word Count: 725

#### Document Preview

2-30 2-24 2-36 2-43 2-45 2-46 3-30 3-44 3-46 Mgmt.201Spring2011 CHECKFIGURESFORRECITATIONPROBLEMS RecitationProblemsR(1):224,230,236 4. 7. 1. Delivery costs on customer shipments: Period cost, variable. Glass costs: Product cost, variable, direct material. Total costs at a volume of 800 replacements = \$88,000. Total cost per muffler replacement at a volume of 700 replacements = \$120/muffler. The marginal...

Register Now

#### Unformatted Document Excerpt

Coursehero >> Illinois >> Bradley >> MGMT 201

Course Hero has millions of student submitted documents similar to the one
below including study guides, practice problems, reference materials, practice exams, textbook help and tutor support.

Course Hero has millions of student submitted documents similar to the one below including study guides, practice problems, reference materials, practice exams, textbook help and tutor support.
2-30 2-24 2-36 2-43 2-45 2-46 3-30 3-44 3-46 Mgmt.201Spring2011 CHECKFIGURESFORRECITATIONPROBLEMS RecitationProblemsR(1):224,230,236 4. 7. 1. Delivery costs on customer shipments: Period cost, variable. Glass costs: Product cost, variable, direct material. Total costs at a volume of 800 replacements = \$88,000. Total cost per muffler replacement at a volume of 700 replacements = \$120/muffler. The marginal cost of a flight would include the aircraft fuel, wages of the flight crew and airport maintenance personnel, and the food and beverages consumed by the passengers and crew. RecitationProblemsR(2):243,245,246 1. 2. 3. Case A Case B Case C 1. 2. Cost of goods manufactured (COGM) = \$305,000. Cost of goods sold (COGS) = \$290,000. Net income = \$65,000. Direct labor = \$400,000; Cost of goods available for sale = \$1,150,000. Sales = \$1,500,000; Income before taxes = \$285,000. Direct materials used = \$27,500. Cost of December 31 finished-goods inventory = \$1,040,000. Net income = \$288,000. RecitationProblemsR(3):330,344,346 1. 2. 1. 2. 3. 1. 2c. 3. 3-47 5-55 5-63 Ending balance of WIP Inventory = \$748,800. Ending balance of FG Inventory = \$23,400. Gross margin = \$81,900. Total manufacturing costs (of the period) = \$525,300; COGM = \$524,700. Adjusted COGS = \$511,200. Net income = \$21,300. Predetermined OH rate = \$52.50/machine hours (MH). Debit WIP Inventory and credit Manufacturing overhead by \$462,000. Total cost of jobs 103 and 104 = \$528,100. RecitationProblemsR(4):347,555,563 Machining department overhead rate = \$10/machine hour. Ending WIP is carried at a cost of \$76,765. Overhead was over-applied by \$64,500 in the Assembly Department. Overhead rate = \$10/direct labor dollar. Selling price for 1 pound of Columbian = \$10.79. Standard cost for one pound of Jamaican coffee = \$11.06. Storage time: steps 1 and 11 Candidates for non-value added activities are: Step 5: Carrying board of dough into the bagel room. Step 11: Driving forklift to freezer. There are many more. 1. 2. 4. 1a. 1b. 2. 1. 2. 6-27 6-31 6-45 7-30 RecitationProblemsR(5):627,631,645 2. 1a. 2b. 2a. 2b. 3. Answers will differ; given line in answer key, fixed costs = \$14,000. Average time for 4 satellites = 195 hours. Total time for 8 satellites = 1,200 hours. The variable cost per person is \$23. The full absorption (variable plus fixed costs) cost per person is \$29. Minimum bid for a 250-person party is \$5,750. RecitationProblemsR(6):730,742,744 1. 3. 4. 5. 2. 3. 4. 5. 6. 1a. 2. Unit contribution margin for the Medium-quality bicycle = \$300/unit. Weighted-average unit contribution margin = \$330. Break-even point (in total units ) = 450 bicycles. Sales volume required to earn target net income of \$99,000 = 750 bicycles, of which 525 are of medium quality. Break-even point = \$8,000,000. Margin of safety = \$8,000,000. Operating leverage factor (at budgeted sales) = 2. Dollar sales required to earn target net profit = \$20,000,000. Net income = \$6,000,000, or 37.5% of sales revenue. Break-even for labor-intensive production system = 175,000 units. Volume at which Zodiac is indifferent between two the methods = 311,111 units (rounded). RecitationProblemsR(7):827,829,830 7-42 7-44 8-27 1. 2. 3. 4. 1. 2a. 2b. 1. 2. 8-29 8-30 14-35 14-47 14-48 Total cost = \$1,934,400. Cost per unit using absorption costing = \$135; cost per unit using throughput costing = \$36. Year-end inventory using variable costing = \$27,600. Throughput costing costs = \$1,920,000. Net income using throughput-costing = \$153,600. Total variable cost per unit = \$78. Net income (absorption costing) = \$688,000. Net income (variable costing) = \$640,000. Total throughput cost per unit = \$40. Net income (throughput costing) = \$526,000. RecitationProblemsR(8):1435,1447,1448 1. 3. Answers will differ. Increase in unit cost if purchased = \$14,400. Net cost of using limited capacity to produce part RM67 = \$12,000. Total relevant cost = \$108 per unit. 14-37 14-54 RecitationProblemsR(9):1437,1454,1463 1. 2. 3. 1. 2. Answers will vary. Net loss per unit if purchased = \$9.00. Net benefit per machine hour of making component = \$3.00 per MH. Quantity of component B81 to purchase = 4,000 units. Maximum price Penn Tech Corporation should pay for component B81 = \$43.50. Contribution per hour for manufactured skateboards = \$39.00. Improvement in contribution margin if manufacture optimal mix = \$236,250. RecitationProblemsR(10):925,931,939 1. 2. 3. 1. 2. 3. 1. 2. 3. 4. 5. 6. 7. Expected collections in October = \$39,000. Expected cash disbursements for November = \$168,300. Expected cash balance on November 30 = \$54,700. Total cash collections in March = \$537,000. Total cash disbursements in February = \$363,000. Cash balance at end of March = \$150,900. Total sales on the budget for both boxes = \$1,650,000. Production budget (in units) for Box C = 495,000 units. Total cost of raw-material purchases (corrugated medium) = \$183,375. Total cost of raw material purchases (paperboard) = \$145,500. Total direct-labor cost = \$15,750. Total manufacturing overhead = \$222,750. Total selling and administrative expenses = \$315,000. Budgeted net income = \$555,750. Predetermined overhead rate = \$60 per hour. Manufacturing cost per unit for Box C = \$.315. RecitationProblemsR(11):1046,1135,1139 DM price variance for Type I fertilizer = \$150 U. DM quantity variance for Type II fertilizer = \$420 F. DL efficiency variance = \$495 F. Total actual cost = \$6,978.50. Total material and labor variances = \$902.50 F. Variable OH spending variance = \$16,500 U. Fixed OH volume variance = \$100,000 U. Budgeted fixed overhead = \$240,000. Variable-overhead spending (price) variance = \$6,930 F. Fixed-overhead volume variance = \$175,800 U. Variable overhead-is under-applied by \$126,195. 14-63 9-25 9-31 9-39 10-46 1. 2. 3. 4a. 11-35 11-39 1. 2. 3. 5. 9-27 10-49 11-49 RecitationProblemsR(12):927,1049,1149 1. 2. 3. 2. 1. Total cash collections in December = \$416,000. Income before taxes = \$20,000. The December 31 balance in accounts payable will be \$306,000. DM price variance = \$49,500 F. DL efficiency variance = \$53,200 F. DM quantity variance = \$1,000 U. VOH spending variance = \$500 F. FOH volume variance = \$1,625 U.
Find millions of documents on Course Hero - Study Guides, Lecture Notes, Reference Materials, Practice Exams and more. Course Hero has millions of course specific materials providing students with the best way to expand their education.

Below is a small sample set of documents:

Bradley - MGMT - 201
Mgmt. 201 Managerial Accounting Week 11Review for Exam IIProfessor Thomanpage 1Topics for the exam1. CVP models (all 3 of them) Margin of safety, operating leverage, learning curve 2. 3. Absorption costing and variable costing Decision making (findin
Bradley - MGMT - 201
Dynamics 4600:203 Name:Homework 05 Due: 16 Feb 2011Please denote your answers clearly, i.e., box in, star, etc., and write neatly. There are no points for small, messy, unreadable work. . . please use lots of paper.References[1] Hibbeler, R. C., 2007,
Bradley - MGMT - 201
WwW.DiorBoy.ComAll Rights for AbdulmohsenAccounting Final Summary1. Define Managerial Accounting and describe its role in the management process . List the five objectives of Managerial Accounting &amp; differences between Managerial Accounting and Financi
Bradley - MGMT - 201
CHAPTER 5 Activity-Based Costing and ManagementAnswers to Review Questions 5-1 In a traditional, volume-based product-costing system, only a single predetermined overhead rate is used. All manufacturingoverhead costs are combined into one cost pool, and
Bradley - MGMT - 201
CHAPTER 14 Decision Making: Relevant Costs and BenefitsANSWERS TO REVIEW QUESTIONS14.1 The six steps in the decision-making process are as follows: Clarify the decision Specify the criterion Identify the alternatives Develop a decision model Collect the
Bradley - MGMT - 201
Chapter EightIn the following multiple choice questions, circle the correct answer. 1. The absolute value of the difference between the point estimate and the population parameter it estimates is the a. standard error b. sampling error c. precision d. er
Bradley - MGMT - 201
1.AnunplannedincreaseininventoriesresultsinA)anincreaseinplannedinvestment. B)adecreaseinplannedinvestment. C)actualinvestmentthatisgreaterthanplannedinvestment. D)actualinvestmentthatislessthanplannedinvestment.2.Theratiooftheincreasein_totheincrease
Bradley - MGMT - 201
1Force: Force Condition: scalar Moment: quantity = Moment Condition:ME 270 Basic Mechanics I Prof. Jones Rm: ME 222B Ph: 494-5691 Email: jonesjd@purdue.edu21.0-2.3 INTRODUCTION Learning Objectives 1). To introduce and define the subject of mechanics.
Bradley - ECE - 201
ECE 201 Lecture 8 Nodal Analysis, Mesh AnalysisAnnouncementsPolarity and Current Direction KCL: Sum of currents leaving node A = 0 Sum of currents entering node A = 0 Sum of currents leaving node A = Sum of currents entering node A C AVA RVA VB RVB
Bradley - ECE - 201
ECE 201 Lecture 9 Mesh AnalysisHow to write correct loop equations Redraw circuits, simplify them if possible; Identify loops, sometimes they are not the obvious ones; Determine if you use voltage drop or voltage increase. Pay attention to the polarity
Bradley - ECE - 201
ECE 201 Lecture 10 Linearity and SuperpositionAnnouncementsExam 1 Closed book &amp; NO Cheat sheet Calculator is allowed 12~15 multiple choice questions Please identify yourself: NAME &amp; PUID You have to fill in a Scantron sheet for credits in multiple choi
Bradley - ECE - 201
ECE 201 Lecture 10 Linearity and SuperpositionAnnouncementsExam 1 Closed book &amp; NO Cheat sheet Calculator is allowed 12~15 multiple choice questions Please identify yourself: NAME &amp; PUID You have to fill in a Scantron sheet for credits in multiple choi
Bradley - ECE - 201
ECE 201 Lecture 11 Source TransformationsAnnouncementsTwo-Terminal Networks A two-terminal network is a network of circuit elements with only two terminals available for connection with other circuitsTwo-terminal network Examples of two-terminal netw
Bradley - ECE - 201
ECE 201 Lecture 12Thevenin's and Norton's TheoremsWhy Equivalent Circuits?i+ Linear Network (Resistors, indep. &amp; dep. Sources)v-LoadWant to simplify this part as much as possibleWant to analyze v &amp; i for different loadsAudio Driver+Determine V
Bradley - ECE - 201
ECE 201 Lecture 12Thevenin's and Norton's TheoremsWhy Equivalent Circuits?i+ Linear Network (Resistors, indep. &amp; dep. Sources)v-LoadWant to simplify this part as much as possibleWant to analyze v &amp; i for different loadsAudio Driver+Determine V
Bradley - ECE - 201
ECE 201 Lecture 13 Thevenins and Nortons TheoremsLinear Passive Two-Terminal Networks A linear two-terminal network is called passive if it consists of resistors, independent sources, but no dependent sources The v-i characteristic of a linear passive t
Bradley - ECE - 201
ECE 201 Lecture 17Inductor/Capacitor combinationsAnnouncementsLast Two Lectures: Introduced L and CInductance and Inductors Capacitance and CapacitorsLecture 17: We absorb L and C into circuits.KCL, KVL for L, C circuits L and C combinations Unit st
Bradley - ECE - 201
ECE 201 Lecture 18 First-order circuits: zero input responseAnnouncementsLast Lecture, #17:KCL, KVL for L, C circuits L and C combinationsThis Lecture #18:Source-free first-order linear circuitsFirst Order Circuits Circuits containing resistor, ind
Bradley - ECE - 201
AnnouncementsECE 201 Lecture 21 Discontinuity and Waveform GenerationLast Lecture #20:Response classification and LinearityThis Lecture #21:Discontinuity and Waveform generationImportant Formula of 1st Order CircuitsThe currents and voltages in a 1
Bradley - ECE - 201
ECE 201 Lecture 40Final Exam Calculator is allowed. No formula sheet is allowed -Basic formulas will be provided.Tips for the Final Review homework problems TAs do a good job explaining how to solve homework problems in detail. If you are comfortable i
University of San Diego - ENGL - 300
CODE OF ETHICS FOR PROFESSIONAL ACCOUNTANTS IN THE PHILIPPINESCONTENTSPREFACE PART A: GENERAL APPLICATION OF THE CODE 100 110 120 130 140 150 Introduction and Fundamental Principles Integrity Objectivity Professional Competence and Due Care Confidential
McCann School of Business and Technology - ACC - 212
HarisKuljancic 947 3/31/2011UnitsSales Price TotalSalesWoodruffManufacturing SalesBudget ForTheQuarterending January February March April Total 40,000 50,000 60,000 60,000 210,000 180 180 180 180 180 7,200,000 9,000,000 10,800,000 10,800,000 37,800,000
McCann School of Business and Technology - ACC - 212
931 April 468000*.30 May 514000*.30+327600 June 514000*.70+520000*.30 937140400 481800 515800Salesinunits DesiredEndingInventory Totalneeds Less:beginninginventory Unitstobeproduced 942Jimisoninc. ProductionBudget FortheFirstQuarter January Fabruary Ma
Kansas - ENGR - 301
Amherst - MNG - 500
a) 1. Gross profit rate: \$1,025 \$566 = \$459 \$459 \$1,025 = 44.8% 2. Revenue is recorded when earned or after; the sales effort is complete, revenues can be measured, collection is reasonably assured, and material expenses can be determined and matchedCash
Amherst - MNG - 500
Module 4 ccc8 Allen Brown The problems with Johns Suggestions are: (1) The cash could be stolen (2) John could cover the theft due to a lack of accountability (3) If stored in a single place such as a laptop the information could easily be lost if the com
Amherst - MNG - 500
Module 4 Continuing Cookie Chronicle Ch. 7 Allen Brown The Problems with Johns Recommendations could be: The cash could be stolen John could steal from the company and then cover up the theft in the books The information on Johns laptop would be venerable
Amherst - MNG - 500
Module 5 Allen Brown 10/30/10 CCC9- Includes DQ responses.(a) August 31st Website: 1500 Cash: 1500 Simple journal entry that shows the upgrade performed to the website. (b) Monthly amortization 600/24=25 Accumulated amortization 9x25=25 This shows how mu
Amherst - MNG - 500
Module 6 CCC 10 &amp; 11 Allen Brown CCC 10 (A &amp; B &amp; C) Interest Expense= 2000x9%x2.5/12=38 Investment Expenses= 2000x9%x9.5/12=143 Interest payable= 2000x9%x7/12=105 Journal Entry for Aug 31 Aug 31 interest expense (105) Interest Payable 105Journal Entry fo
Amherst - MNG - 500
1. Curtis Dad and Natalies grandmother are interested in investing \$5,000 each in the new business venture. Curtis and Natalie are considering issuing them preferred shares. What would be the advantage of issuing them preferred stock instead of common? Th
Amherst - MNG - 500
Allen Brown Module 7 CCC 12 (A) Cash Flow: Operations Net Income Adjustments Cash Provided: Depreciation Loss on Sales Accounts Receivable Inventory Prepaid Expense Accounts Payable Taxes Salaries Interest Net Cash Provided Cash Flow: Investing Sales of C
Amherst - MNG - 500
Module One Allen Brown Accounting 250 Continuing Cookie Chronicle After investigating the different forms of business organization, Natalie Koebel decides to operate her business as a corporation, Cookie Creations Inc., and she begins the process of getti
Amherst - MNG - 500
(a)1. The mixers should be classified as inventory as Natalie will attempt to resale them. 2. A perpetual inventory system will provide better control over inventory because you are dealing with high-value items you should use this system. 3. You still n
Amherst - MNG - 500
(a)1. The mixers should be classified as inventory as Natalie will attempt to resale them. 2. A perpetual inventory system will provide better control over inventory because you are dealing with high-value items you should use this system. 3. You still n
Amherst - MNG - 500
(a) COST OF GOODS AVAILABLE FOR SALE Explanation Units Unit Cost Total Cost Beginning 3 \$545.00 \$1,635.00 Inventory Purchase 2 550.00 1,100.00 1 2 3 11 567.00 561.00 573.33 567.00 1,122.00 1,720.00 \$6,144.00Date Feb. 1 Feb. 2 Mar. Purchase 2 Apr. 1 Purch
Amherst - MNG - 500
Prokaryotes and Eukaryotes1Running Head: Prokaryotes and EukaryotesAllen Brown BIO 100 Biology Concepts Module 2 Assignment 11/04/2009Prokaryotes and Eukaryotes2Prokaryotes are single-celled organisms, such as bacteria, and are roughly one micromete
Amherst - MNG - 500
Collaborative Learning Community: Mendelian Genetics Though data are collected by individuals, the group is responsible for submitting a single lab report. Members of a group who do not post their data to the CLC group page and do not contribute to the di
Amherst - MNG - 500
Title: Diffusion Purpose: The diffusion lab was designed to allow us, as students, to see how at different temperatures water molecules increase and decrease the rate in which they move. Procedure: i) Materials (1) Three large containers, such as pitchers
Amherst - MNG - 500
ENVIRONMENTAL FACTORS THAT AFFECT PLANT GROWTHMG Manual Reference Ch. 1, pp. 30 - 33Plant growth and distribution are limited by the environment. If any one environmental factor is less than ideal it will become a limiting factor in plant growth. Limiti
Amherst - MNG - 500
Key aspects of fundraising: 1. Consider the cost- If you decide to make it a public fundraising event, think about cost,sponsorship, and participation. An example would be a car wash, which is a very common fundraiser for youth groups and clubs. Cost wou
Amherst - MNG - 500
LabAssignments Assignments1) Individual: Individual: Photosynthesis Lab a) The purpose of this laboratory exercise is to test the impact of light of different wavelengths on a plants ability to survive. This laboratory exercise requires preparation and s
Amherst - MNG - 500
Title: Osmosis Purpose: The Osmosis Lab was designed to allow us, as students, to view the transferring energy of molecules; by a raisin or grape increasing or decreasing in size depending on a strictly water solution or a water and salt mixed solution sh
Amherst - MNG - 500
Title: Diffusion Purpose: The diffusion lab was designed to allow us, as students, to see how at different temperatures water molecules increase and decrease the rate in which they move. Procedure: i) Materials (1) Three large containers, such as pitchers
Amherst - MNG - 500
Module 4 Concept Exercise: Solving Linear Equations and Inequalities ii) A bike shop rents mountain bikes for a \$8.50 insurance charge plus \$3.50 for each hour. For how many hours can a person rent a bike with \$32.50. (1) Part A: Solve the above problem u
Amherst - MNG - 500
Delacroix1Running Head: DelacroixModule 6: Liberty Leading the People Allen Brown UNV 200 Grand Canyon University August 8th 2009Delacroix2Ferdinand Victor Eugene Delacroix (1798-1863), a French painter of romantic period known for his exuberant col
Amherst - MNG - 500
Title: Osmosis Purpose: The Osmosis Lab was designed to allow us, as students, to view the transferring energy of molecules; by a raisin or grape increasing or decreasing in size depending on a strictly water solution or a water and salt mixed solution sh
Amherst - MNG - 500
WILLIAM LLOYD GARRISON Running head: WILLIAM LLOYD GARRISON1Allen Brown February 19th 2010 HIS 103 American History Pre 1877WILLIAM LLOYD GARRISON William Lloyd Garrison You must be the change you want to see in your life. (About.com) This quote, from
Amherst - MNG - 500
Title: 1) Photosynthesis Lab 2) 3) Purpose: 4) 5) The purpose of this laboratory exercise is to test the impact of light of different wavelengths on a plants ability to survive. 6) 7) Procedure: 8) a) Materials 1. Clear, red, green, and blue transparent p
Amherst - MNG - 500
The Jurassic Zoo charges \$28.00 for each adult admission and \$12.00 for each child. The total bill for 254 people from a school trip was \$3864.00. How many adults and how many children went to the zoo?28.00x+12.00y=3864.00 28.00(51)+12.00(203)=3864.00 51
Amherst - MNG - 500
MODULE ONERunning Head: MODULE ONE1Allen Brown Ethical and Legal Issues in Business BUS-340 Module One Exercise May 01, 2010MODULE ONE 1) Pringle v. Valdez (Chapter 1, Statutory Interpretation 1.)Brief: History On appeal, the court of appeals affirme
Amherst - MNG - 500
Module 21Running Head:Module 2Allen Brown Ethical and Legal Issues in Business BUS-340 Module Two Exercise May 05, 2010Module 2 1) Explorica Inc. v. EF Cultural Travel (Chapter 5, Question 9.) By definition A preliminary injunction is a court order m
Amherst - MNG - 500
Module 31Running Head: Module 3Allen Brown Ethical and Legal Issues in Business BUS-340 Module Three Exercise May 05, 2010Module 321) Stephen Gall v. McKeesport Municipal Utility (Chapter 9, Problem 9.) The Galls complaint should not be dismissed. U
Amherst - MNG - 500
M odule 41Running Head: Module 4Allen Brown Ethical and Legal Issues in Business BUS-340 Module Four Exercise May 19, 20101) Gianni Sport v. Gantos- [(Unconscionability) Chapter 15, Problem 10.]By definition Unconscionability is a contract is unconsc
Amherst - MNG - 500
Module 4: Topic and Objectives Illegality, Necessity of Writing, Rights of Third Parties, and Remedies for BreachesApply the requirements of Article 2 of the UCC to contracts for the sale of goods in commerce. Determine the legality of a contract clause.
Amherst - MNG - 500
Madoff and Enron1Running Head:Madoff and EnronAllen Brown Ethical and Legal Issues in Business BUS-340 Module Five Exercise May 29, 2010Madoff and Enron2Madoff and ENRON Bernard Madoff was a pioneer in market-making. A market-makeris a broker-deal
Amherst - MNG - 500
Ethical Elements of Marketing There are many ethical norms and practiced values which marketers attempt to practice as a principle in the marketing world. Accordingto the AMA, American Marketers Association, there are three principle norms in which marke
Amherst - MNG - 500
Employee Monitoring Employee Monitoring1Allen Brown Ethical and Legal Issues in Business BUS-340 Module Seven Exercise June 11, 2010Employee Monitoring Employee Monitoring It is important for an employer to know that their employees are doing a good jo
Amherst - MNG - 500
Accounting Ethics1Running Head: Accounting EthicsAllen Brown Ethical and Legal Issues in Business BUS-340 Module Eight Exercise June 18th 2010Accounting Ethics With the growth and development of personal computers, or PCs, and software the fields of a
Amherst - MNG - 500
DQ 1: Due by ThursdayHowaretheFederalDistrictCourts,theFederalCourtsofAppeal,andtheU.S.SupremeCourtdifferent?How aretheysimilar?Whatroledothevariouscourtsplayinmakingorinterpretinglawthatappliestobusinesses, employeesofthosefirms,andforresolvingorprevent
Amherst - MNG - 500
DQ #1 Due by Thursday Can an individual enter into a contract without being aware of it and still be bound by its terms? Why or why not? Cite an example of a voidable and nonvoidable contract. A contract would not be enforceable if a person entered one un
Amherst - MNG - 500
Do you think supporting non-competition clauses in employment agreements is good public policy? Why or why not? Provide an example that supports your position. In some cases non-competitive clauses protect both the employer and the employee. Non-competiti