Answer the following statement(s) true (T) or false (F)
A chi-square is a nonparametric test.
ANS:T
You might also like to view...
Salaries of supervisory production personnel should be classified as direct labor costs
Indicate whether the statement is true or false
On June 30, 2014, Diode Inc purchased for cash at $50 per share all 150,000 shares of outstanding common stock of Moore Company. Moore's balance sheet at June 30, 2014, showed net assets with a book value of $6,000,000 . The fair value of Moore's property, plant, and equipment on June 30, 2014, was $800,000 in excess of its book value. What amount, if any, will be recorded by Diode as goodwill on
the date of purchase? a. $0 b. $700,000 c. $800,000 d. $1,500,000
Which of the following is true of discharge by agreement?
A. A partially executed contract cannot be rescinded. B. Mutual rescission requires parties to enter into a second agreement that expressly terminates the first one. C. A party is allowed to rescind a contract without the consent of the other party. D. Unilateral rescission is not regarded as a breach of contract.
Montana Industries has computed the following unit costs for the year just ended: Variable manufacturing overhead$85 Fixed manufacturing overhead 20 Variable selling and administrative cost 18 Fixed selling and administrative cost 11 Which of the following choices correctly depict amounts included in the per-unit cost of inventory under variable costing and absorption costing?
A. Variable, $85; absorption, $116. B. Variable, $103; absorption, $116. C. Variable, $85; absorption, $105. D. Variable, $103; absorption, $105. E. None of the answers is correct.