Which of the following inventory valuation methods should be used for unique items?
A) first-in, first-out
B) last-in, first-out
C) weighted-average
D) specific identification
D
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Federal laws often provide more sweeping and significant protections for the consumer than state laws
a. True b. False Indicate whether the statement is true or false
Dake Corporation's relevant range of activity is 2,000 units to 6,000 units. When it produces and sells 4,000 units, its average costs per unit are as follows: Average Cost per UnitDirect materials$6.55Direct labor$3.50Variable manufacturing overhead$1.40Fixed manufacturing overhead$2.60Fixed selling expense$0.70Fixed administrative expense$0.40Sales commissions$1.50Variable administrative expense$0.45 For financial reporting purposes, the total amount of period costs incurred to sell 4,000 units is closest to:
A. $8,100 B. $7,800 C. $4,400 D. $12,200
The judicial branch exercises control over administrative agencies through its review of agency actions.?
Indicate whether the statement is true or false
A _____ is binding and directly applicable in all member states; and a _____ sets forth the result to be achieved but leaves to the individual states the responsibility to employ the appropriate steps
A) regulation; directive B) rule; resolution C) resolution; rule D) directive; regulation