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Nathan and Thomas were both just convicted of felonies and sentenced to prison. Nathan was convicted of attempted murder. Thomas was convicted of stealing multiple vehicles. Both offenders have juvenile records, but this is their first conviction in adult court. Nathan is being sent to a state institution. Thomas is being sent to a private prison in the state. While incarcerated, Thomas files a lawsuit against the private prison corporation, charging a 1983 violation. He also files a lawsuit against the officer that he alleges used excessive force and violence. What case held that correctional officers employed by a private firm are not entitled to a qualified immunity from suit by prisoners charging a section 1983 violation?
Conversion Cost
The combined costs of direct labor and manufacturing overheads that are incurred to convert raw materials into finished goods.
Work In Process
Inventory that includes items in production but not yet completed, representing a stage between raw materials and finished goods.
Unit Conversion Cost
The cost associated with converting raw materials into a finished product on a per-unit basis.
Equivalent Units
A concept used in cost accounting to express the amount of work done in terms of fully completed units of output during a period.
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