If a department that applies process costing starts the reporting period with 50,000 physical units that were 25% complete with respect to direct materials and 40% complete with respect to direct labor, it must add 12,500 equivalent units of direct materials and 20,000 equivalent units of direct labor to complete them.
Answer the following statement true (T) or false (F)
False
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Indirect expenses may benefit more than one department
Indicate whether the statement is true or false
Having a ______ mind-set is a key standard for contemporary managers.
A. global B. local C. narrow D. national
Vic Legume wrote a song praising the values of a vegetarian lifestyle. Although he had other successful songs that were recorded, the "Vegetable Medley" was never recorded
A corporation that sold vegetable products approached Vic and he assigned his copyright in the song to the company for use in its advertising campaigns. Vic was unaware that the company was owned by a larger multinational food product corporation. A year later, Vic was horrified to hear his song being used in a satirical fashion in a marketing campaign for pork products. In this situation, which of the following statements is true? A) By assigning the copyright to the song, Vic lost all control over its use. B) Vic can stop the marketing campaign as he retains the moral rights in the song. C) Provided the assignee has not breached the assignment contract, Vic has no remedy. D) As Vic was the author of the work, the company required his consent to any use of the song. E) The assignee's use of the song constitutes fair dealing.
The management of hazardous waste is governed by the __________ as amended
a. Clean Air Act b. Clean Water Act c. Solid Waste Disposal Act d. Federal Superfund Law