Test units are individuals, organizations, or other entities whose response to independent variables or treatments is being studied
Indicate whether the statement is true or false
TRUE
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Prather Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 50,000Total fixed manufacturing overhead cost$285,000Variable manufacturing overhead per direct labor-hour$3.80Recently, Job P513 was completed with the following characteristics: Number of units in the job 10Total direct labor-hours 20Direct materials$710Direct labor cost$500The estimated total manufacturing overhead is closest to:
A. $475,000 B. $285,004 C. $285,000 D. $190,000
Companies should continuously collect marketing intelligence data
Indicate whether the statement is true or false
Averaging the total cost of completed beginning work-in-process inventory and units started and completed over all units transferred out is known as
a. strict FIFO. b. modified FIFO. c. weighted average costing. d. normal costing.
Karen is the next employee scheduled to attend three weeks of training in another state. Her employer knows the training will disrupt Karen’s family life. The employer arranges cell phone service and Internet access for Karen to communicate daily with her family while she is away. Other coworkers tell Karen how useful the training has been, and that the time away goes quickly. By supporting Karen, the coworkers and the employer are improving Karen’s _________ to learn.
A. ability B. willingness C. participation D. determination E. self-esteem