Overapplied factory overhead that is immaterial in amount is closed to cost of goods sold at year end

Indicate whether the statement is true or false


T

Business

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During September, the Filtering Department of Tithonia, Inc. had a beginning Work-in-Process Inventory of 600 units with costs of $140,000. During the month, it started and completed 800 units. It had 220 units in the ending Work-in-Process Inventory. What is the number of equivalent units of production for transferred in units in the Filtering Department in September under the first-in, first-out (FIFO) method?

A) 600 units B) 1020 units C) 1620 units D) 380 units

Business

A niche strategy is the same as Porter's focus strategy and is a concentrated target marketing approach.

Answer the following statement true (T) or false (F)

Business

In the classic formulation of communication, communication is successful when the ________ understands what the ________ intended.

A) Sender; receiver B) Receiver; sender C) Listener; speaker D) Speaker; listener

Business

ERISA requires that employee contributions to a qualified pension plan

A) vest by the fifth year under cliff vesting. B) vest by the tenth year under graded vesting. C) vest immediately. D) vest by age 65.

Business