Berman Made a Documentary on the Life of Musician Artie

question 109

Multiple Choice

Berman made a documentary on the life of musician Artie Shaw.Shaw was cooperative and gave her permission to use certain songs if she received proper permissions from the copyright holders.The cost of the film was funded by her own savings,a private investor,the Canada Council,the Ontario Arts Council,and deferred salaries and material costs.In March of 1987 the film won an academy award as the best feature documentary for 1986.In November of 1987 Shaw's lawyer contacted Berman's lawyer: "...This letter states that Artie Shaw has a 35 percent profit participation in the motion picture ...." Which of the following accurately sets out the legal position of the parties?

• A) Shaw has a right to this share because the movie is about him.
• B) The court will imply an agreement to this effect between the parties.
• C) Shaw has no claim since there was no such agreement.
• D) A public celebrity has the right to prevent this kind of exploitation if Berman refuses this demand.
• E) The court will award Shaw a reasonable profit because it is fair.

Understand the difference between assigning costs to products and not assigning costs.

Determine the percentage of total overhead cost allocated to specific products.

Understand the principles of Activity-Based Costing (ABC).

Calculate activity rates for various cost pools in an ABC system.

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Definitions:

Skype Interviews

Refers to job interviews or meetings conducted over Skype, a software application that enables video and voice calls through the internet.

Telephone Interviews

A method of conducting research or assessment where questions are asked and answered through a telephone conversation.

Guidelines

Instructions or principles provided to direct actions or decisions in a specific context.

Conventional Resume

A traditional format for a job application document that lists career history, education, and skills in a structured manner.