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Case 5.4: Philip H. Albert, "Trade Secrets: It's Not Who You Know"
-What is the significance of Google's offer to pay Lee for an entire year should he need to wait that long before joining Google? Do you think this invalidates or upholds Microsoft's noncompete agreement that employees not go to work for a competitor within a year?
Job Order Costing
An accounting methodology used to assign production costs to individual products or batches, based on the specific jobs or orders.
Direct Labor Hour
A measure of the labor time spent on a specific project or production activity, often used for costing purposes.
Work in Process Inventory
The value of goods in various stages of production in a manufacturing company, not yet completed.
Work in Process
Inventory representing partially completed goods that are still in the process of production.
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