Indirect wages includes the wages of employees who spend their time supervising or working in a general nature

a. True
b. False
Indicate whether the statement is true or false


True

Business

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In the E-R diagram for OE/S, SHIPMENTS generate the SALES_INVOICES

Indicate whether the statement is true or false

Business

Midnight Magic, a perfume manufacturing company, plans to release a new fragrance during the holiday season at $99 per bottle

The company intends to bring the price down to $49 within six months of its release to attract buyers who couldn't afford the initial price. Which of the following pricing strategies is Midnight Magic using? A) market-penetration pricing B) market-skimming pricing C) competitive pricing D) cost-plus pricing E) product-line pricing

Business

The following data were taken from the accounting records of a company that uses the FIFO method in its process costing system: Beginning work in process inventory: 20,000 units (materials 100% complete, conversion costs 60% complete) Started in process during the period: 80,000 units Ending work in process inventory: 30,000 units (materials 100% complete, conversion costs 70% complete) The

equivalent units are A) materials, 90,000 units; conversion costs, 89,000 units. B) materials, 100,000 units; conversion costs, 91,000 units. C) materials, 60,000 units; conversion costs, 53,000 units. D) materials, 80,000 units; conversion costs, 79,000 units.

Business

Which part of the need-satisfaction model is John performing when he explains to the sanitation director why the equipment he has selected will fulfill his needs?

A) Part 1: Need Discovery B) Part 2: Selecting a Solution C) Part 3: Need Satisfaction D) Part 4: Servicing the Sale E) Part 5: Leveraging Referrals

Business