The Lantern Corporation Has 1,000 Obsolete Lanterns That Are Carried

question 53

Multiple Choice

The Lantern Corporation has 1,000 obsolete lanterns that are carried in inventory at a manufacturing cost of $20,000.If the lanterns are remachined for $5,000,they could be sold for $9,000.Alternatively,the lanterns could be sold for scrap for $1,000.Which alternative is more desirable and what are the total relevant costs for that alternative?

• A) Remachine and $5,000.
• B) Remachine and $25,000.
• C) Scrap and $1,000.
• D) Scrap and $21,000.

Difference between progressive and positive discipline and the emphasis on encouragement in positive discipline.

Examine the ethical implications in handling promotional decisions in scenarios involving potential discrimination.

Understand the importance of communication and enforcement of organizational values and standards for ethical employee treatment.

Compare and contrast progressive and positive discipline, highlighting the problem-solving approach in the latter.

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Definitions:

Ladybugs

Small beetles known for their round shape, often red with black spots, and their role in controlling pests in agriculture and gardens.

Alternative Hypothesis

The hypothesis that states there is a statistically significant relationship between two variables, contrary to the null hypothesis.

Means

The statistical measure that identifies the central tendency of a data set by dividing the sum of all values by the number of values.

T-test

A statistical test used to compare the means of two groups and determine if the differences between them are statistically significant.