There are six normal forms, with each of the lower normal forms encompassing the higher
normal forms.
Indicate whether the statement is true or false
FALSE
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The characteristic of useful market segments that relates to whether the segments can be effectively reached and served is whether the segment is ________
A) measurable B) substantial C) differentiable D) accessible E) actionable
Under a standard cost system, when recording the use of direct materials in the production process, the debit to Work-in-Process Inventory is ________.
A) standard quantity for actual production times standard cost per unit of direct materials B) standard quantity for actual production times actual cost per unit of direct materials C) actual quantity times standard cost per unit of direct materials D) actual quantity times actual cost per unit of direct materials
Dallavalle Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Variable costs per unit: Direct materials$93Fixed costs per year: Direct labor$320,000Fixed manufacturing overhead$2,144,000Fixed selling and administrative expenses$1,364,000 The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 32,000 units and sold 31,000 units. The company's only product is sold for $238 per unit.The unit product cost under super-variable costing is:
A. $103 per unit B. $93 per unit C. $214 per unit D. $170 per unit
Bait-and-switch advertising occurs when a salesperson lures a consumer into a store by advertising a low-priced item in order to switch the consumer to a more expensive item.
Answer the following statement true (T) or false (F)