R-T, Inc must notify the EPA before it manufactures a new chemical, and the EPA administrator may limit or prohibit the chemical's manufacture or distribution
a. True
b. False
Indicate whether the statement is true or false
True
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Some critics contend that the most horrific scandal in the history of the Roman Catholic Church is their handling of reports about priests accused of sexually abusing parishioners
Indicate whether the statement is true or false
Njombe Corporation manufactures a variety of products. In the past, Njombe has been using a traditional costing system in which the predetermined overhead rate was 150% of direct labor cost. Selling prices had been set by multiplying total product cost by 200%. Sensing that this system was distorting costs and selling prices, Njombe has decided to switch to an activity-based costing system for manufacturing overhead costs that uses the three activity cost pools listed below. Selling prices are still to be set at 200% of unit product cost under the new system. Information on these cost pools for next year are as follows: Activity Cost PoolActivity MeasureEstimated ActivityEstimated Overhead Cost?Machine SetupsNumber of setups400$150,000 ?Quality ControlNumber of
inspections1,500$180,000 ?Other OverheadMachine hours30,000$480,000 ?? Information (on a per unit basis) related to three popular products at Njombe are as follows: Model #19Model #36Model #58Direct material cost$400 $540 $310 Direct labor cost$810 $600 $220 Number of setups 2 3 1 Number of inspections 1 3 1 Number of machine hours 4 8 10 Under the activity-based costing system, what would be the selling price of one unit of Model #36? A. $2,712 B. $2,536 C. $5,506 D. $4,080
A significant advantage of borrowing foreign currency-denominated bonds is that the borrower need not worry about relative changes in the value of the home currency
Indicate whether the statement is true or false.
The scope of insurance:
A) limits the tax-deductibility of premiums B) is limited to social insurance C) is not clearly defined D) does not include weddings